Kerry Logistics confirmed it will expand its current food-related cold chain efforts in mainland China through a joint venture formed between Kerry Cold Chain Solution Ltd. and Shanghai Zhizhen Logistics Co Ltd. The joint venture enables Kerry Logistics to fulfill its vision of tapping into niche food products growing in domestic markets while expanding its global footprint.
“The market for food-related cold chain logistics in mainland China is immense with enormous growth potential,” Edwardo Erni, Managing Director – China and North Asia of Kerry Logistics, said. “There is also ample room for technological growth to reach international standards.”
Currently operating 1 million sq ft of cold chain facilities in the region, Kerry Logistics will add the handling of food products such as raw ingredients and dairy product additives. Zhizhen Logistics brings an impressive domestic and international customer network throughout regions including Beijing, Tianjin, Wuhan, Guangzhou, and Shenzhen.
“Intending to fill a gap in the market, we welcome the collaboration with Zhizhen Logistics, which marks an important strategic step for Kerry Logistics to extend its footprint in the domestic cold chain logistics market, enhancing our service offerings and competitiveness,” Erni concluded.