KUEHNE + Nagel has completed the acquisition of Worldwide Perishable Canada Co, a freight forwarder with a focus on tuna fish.
The acquisition is expected to strengthen the existing Kuehne + Nagel perishables network in North America.
“Perishables logistics is one of our strongest growth drivers at Kuehne + Nagel,” said Greg Martin, regional airfreight manager Kuehne + Nagel North America.
“Thus, we have been continuously investing in the expansion of our dedicated network: through selected acquisitions and by connecting key production countries to major markets.”
WWP was founded in 1999 and is based in Halifax, Nova Scotia.
Originally focussed on local demand in the Canadian export market it has grown into one of the country’s major perishables forwarders.
WWP Canada chief operating officer Doug McRae said they were looking forward to joining the Kuehne + Nagel Group.
“Combining the strengths of both companies, we will add outstanding value in the regional and international perishables business,” he said.
“For both, our customers and our employees this will generate growing perspectives and services.”
K + N Canada national manager Jamie Wood said by acquiring a specialised player in seafood logistics, Kuehne + Nagel consolidated its leading market position.
“Using the network and experience of both companies, our customers can benefit from an enhanced offering and the best possible solution to their needs,” Mr Wood said.