News / Kuehne + Nagel expands Indonesia footprint with Wira Logistics acquisition

© Asiantraveler

Kuehne + Nagel has continued its strategy of smaller, bolt-on acquisitions, yesterday scooping up the logistics activities of Indonesia-based Wira Logistics.

The Swiss forwarder said the acquisition represented an extension of an existing strategic partnership and would allow K+N to establish a “nationwide logistics and distribution network to provide fully integrated end-to-end logistics solutions across Indonesia”.

Gianfranco Sgro, K+N board member responsible for contract logistics, explained: “Indonesia is arguably the most important internet market in South-east Asia, in terms of its sheer size, emerging ...