News

Kuehne + Nagel strengthens footprint in Indonesia through strategic acquisition

  • Extension of strategic partnership with Wira
    Logistics through acquisition of its logistics operations
  • Establishment of nationwide logistics and
    distribution network to provide fully integrated end-to-end logistics solutions
    across Indonesia
  • Indonesia as one of the Asian key development
    markets for�
    Kuehne + Nagel's contract logistics

Schindellegi / CH - Media OutReach - October 2, 2018 -�Kuehne + Nagel announced the acquisition of the logistics
operations of Wira Logistics, a leading Indonesian logistics company. This
strategic acquisition will strengthen Kuehne + Nagel's nationwide warehousing
and distribution network in Indonesia.

Gianfranco Sgro, member of the Managing Board of Kuehne + Nagel
International AG, responsible for contract logistics, says: "Indonesia is
arguably the most important internet market in South East Asia in terms of its
sheer size, emerging middle class and digitally savvy population. With this
acquisition we can leverage our global eCommerce strategy. At the same time it
allows us to strengthen our Contract Logistics footprint in Asia and our
position as a leading logistics service provider. The tightened domestic network
will further enhance our value proposition of providing fully integrated
end-to-end logistics solutions to our customers across Indonesia."

The expansion of Kuehne + Nagel's warehousing and distribution capabilities
in Indonesia where imports and exports account for close to US$300 billion annually
has been a strategic focus for the company. The country's burgeoning middle
class is driving increased purchasing power making it an important consumer
market for many companies.

Through
this acquisition, a strategically excellent positioned distribution centre in Cibitung together with
satellite locations in Jakarta, Surabaya and Bali will now be part of Kuehne +
Nagel's warehouse portfolio. The expanded operations will also include an
increased distribution network of 200 vehicles enabling wider coverage for
customers across Java.

"Kuehne + Nagel started operations in Indonesia in
1992. Over the years, we have become the logistics partner of choice for many
blue chip multi national corporations and local companies. These partnerships
are a testament of our expertise and understanding of our customers' needs,
regardless of the size of their company. We are very excited by this
acquisition and the additional opportunities that it will create for our
business," said Jens Drewes, President of Kuehne + Nagel South Asia Pacific.

"Wira
is very proud to expand our fruitful relationship with Kuehne + Nagel. Our
existing and future customers will stand to benefit from Kuehne + Nagel's
market-leading position, capabilities and global expertise," said Ekahadi
Djaja, President Commissioner, PT, Wira Logistics.�

About Kuehne +
Nagel
With
approximately 79,000 employees at more than 1,300 locations in over 100
countries, the Kuehne + Nagel Group is one of the world's leading logistics
companies.
Its strong market position lies in the seafreight, airfreight,
contract logistics and overland businesses, with a clear focus on providing
IT-based integrated logistics solutions.
Further information can be found at
www.kuehne-nagel.com

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