Kuehne + Nagel has entered into an agreement to acquire French groupage provider, Alloin.
The acquisition and subsequent integration of Alloin into Kuehne + Nagel's European groupage network represents a major step within the implementation of the Group's overland business strategy.
Based close to Lyon in Villefranche-sur-Saône, the Alloin Group ranks among the leading groupage providers in France with an annual turnover of approximately €300 million.
The family-owned company operates 53 cross-docking terminals across the country and handles 20,000 shipments per day.
"In the scope of our pan-European business development, the expansion of our road logistics activities in France is of the highest importance," says Xavier Urbain, Kuehne + Nagel's management board member responsible for the Road & Rail Logistics business unit. "By acquiring the Alloin Group we obtain a foothold and a strong position in this important economic area.
He added that the integration of Alloin's network into Kuehne + Nagel's existing structures will enhance its capability to provide standardised logistics services and processes throughout Europe.
The transaction is subject to the approval of EU authorities.
The acquisition and subsequent integration of Alloin into Kuehne + Nagel's European groupage network represents a major step within the implementation of the Group's overland business strategy.
Based close to Lyon in Villefranche-sur-Saône, the Alloin Group ranks among the leading groupage providers in France with an annual turnover of approximately €300 million.
The family-owned company operates 53 cross-docking terminals across the country and handles 20,000 shipments per day.
"In the scope of our pan-European business development, the expansion of our road logistics activities in France is of the highest importance," says Xavier Urbain, Kuehne + Nagel's management board member responsible for the Road & Rail Logistics business unit. "By acquiring the Alloin Group we obtain a foothold and a strong position in this important economic area.
He added that the integration of Alloin's network into Kuehne + Nagel's existing structures will enhance its capability to provide standardised logistics services and processes throughout Europe.
The transaction is subject to the approval of EU authorities.