News / EV Cargo expands its European presence with Spanish acquisition

Hong Kong-based EV Cargo has made its second foray into the European freight market this year with the acquisition of a controlling share in the family-owned Spanish forwarder Air Express.

In March, EV Cargo acquired the Dutch forwarder Fast Forward Freight, and with the company looking to achieve its stated goal of surpassing $3bn in revenues by 2025, the acquisition of 75% of Air Express will go some way to helping the company reach its target.

Rebranded EV Cargo Spain, Air Express ...