Kuehne + Nagel has completed the acquisition of Canadian forwarder Worldwide Perishable Canada (WWP) as it continues to expand its global perishables network.
The company is one of the largest freight forwarders in the country and a top player for seafood perishables cargo and the market leader in the export of tuna.
With a strong footprint on the East Coast, WWP will strengthen the existing Kuehne + Nagel perishables network in Canada.
No details of how much Kuehne + Nagel acquired WWP were revealed.
“Perishables logistics is one of our strongest growth drivers at Kuehne + Nagel,” said Greg Martin, regional airfreight manager for 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.
“Setting up global certified standards which are reflected in our KN FreshChain solution, has further strengthened our perishables network worldwide, making it the largest in the industry.”
WWP was founded in 1999 and is headquartered in Halifax, Nova Scotia. Originally dedicated to serve a local demand in the Canadian export market it has grown into one of the country’s major perishables forwarders.
The combined volume of both companies’ business portfolio will account for more than 17,000 tons air export of perishables per annum out of Canada strengthening Kuehne + Nagel’s market leading position in North America.
“We are 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. For both, our customers and our employees this will generate growing perspectives and services,” said Doug McRae, chief operating officer of WWP.
