Kuehne + Nagel Finalize Worldwide Perishable Canada Co. Acquisition
Adding to its current presence throughout Canada, Kuehne + Nagel announced the completed acquisition of Worldwide Perishable Canada Co. (WWP) – known as a leader in tuna exports in addition to being one of the largest freight forwarders in Canada. This acquisition represents forward movement for the company to expand its position as a key provider in perishable cargo.
“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 Worldwide Perishables Canada Co.
WWP was originally launched as a designated forwarder with a focus on local demand. The Halifax-based company brings more than seafood logistics expertise to the table, however. Information released by K+N confirmed more than 17,000 tons of perishable air exports per annum out of Canada will be represented through combining company volumes.
“Perishables logistics is one of our strongest growth drivers at Kuehne + Nagel, 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,” says Greg Martin, Regional Airfreight Manager Kuehne + Nagel North America. “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.”
“Acquiring a specialized player in seafood logistics, Kuehne + Nagel consolidates its leading position in the market,” said Jamie Wood, National Manager Kuehne + Nagel Canada. “Using the network and experience of both companies, our customers can benefit from an enhanced offering and the best possible solution to their needs.”