HutchWatch: Beijing furious; Panama may have to wait
Beijing blindsided?
Hong Kong 3PL Kerry Logistics Network has continued its international expansion drive with today’s news of its takeover of Spanish freight forwarder Bofill & Arnan.
The deal is likely to see some of Bofill & Arnan’s operations merged into Kerry’s established Iberian presence, such as in its head office in Barcelona.
However, the deal will expand Kerry’s presence in the Mediterranean ports of Valencia and Alicante.
Europe MD Thomas Blank said: “I am very pleased to welcome the freight forwarding team of Bofill & Arnan to join the ...
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