Kieserling and Compass Ocean Logistics merge

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Major changes are underway at the Kieserling Group. On 1 January 2013, the long-standing, Bremen-based enterprise will merge with the owner-operated Indian logistics service provider Compass Ocean Logistics to form Compass Logistics International AG with 40 branches in 18 countries. The new company will have dual headquarters in Bremen/Germany and Dubai/UAE.

Up until now, the Kieserling Foundation, set up by the owner Karsten Kieserling who died in 2006, has held a majority shareholding in the Group. The Group’s business activities include ...