Kuehne + Nagel expands European overland business through two major acquisitions (turnover: 220 million euros) in Germany
Expansion de K+N en Allemagne par 2 acquisitions Communiqué de K+N Kuehne + Nagel expands European overland business through two major acquisitions (turnover: 220 million euros) in Germany Schindellegi/CH, 9 November 2007 - Kuehne + Nagel is continuing the expansion of its overland activities with the acquisition of Mainz-based company G.L. Kayser Spediteur seit 1787 GmbH & Co. KG, and the Cordes & Simon Group headquartered in Hagen (North-Rhine Westphalia). G.L. Kayser is a medium-sized family business headquartered in Mainz. The company ranks among the leading logistics providers in the Rhine-Main region with an annual turnover of 120 million euros and around 700 employees. Its business focus is on international and national overland activities and on the provision of state-of-the-art logistics solutions. In contract logistics, G.L. Kayser offers customers a comprehensive portfolio of services and has 120,000 sqm of warehouse space under management at four locations in the re...