News / The sales are on as Kerry snaps up Dubai forwarder Able Group and Canada's TLP

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The turn of the year has begun with a flurry of merger and acquisition activity, as emerging Asian freight service provider Kerry Logistics announced that it had made two international acquisitions, expanding its presence in the Middle East and North America.

Hong Kong-based operator Kerry has taken majority stakes in Dubai-headquartered freight forwarder Able Logistics Group and Canadian sister companies Total Logistics Partner Ocean Consolidators and Total Logistics Partner Air Express, which are collectively known as TLP and are focused on ...