News / 'Let the good times roll', says Kerry as it drives on down the acquisition trail

Kerry Logistics has beefed up its European operation with the acquisition of Italian forwarder Tuvia – and is eyeing another acquisition, likely in France, this year.

“There is a constant pipeline of companies we are looking at, and we’ll complete at least one more deal this year,” Thomas Blank, managing director Europe, told The Loadstar.

Milan-based Tuvia manages some 25,000sq metres of logistics facilities throughout Italy and the acquisition of a majority share gives Kerry’s European expansion plans a boost.

“France will be next, it’s ...