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BRIEF-Panalpina to acquire Kenyan freight forwarder, Air Connection
May 3, 2017 / 5:12 AM / in 3 months

BRIEF-Panalpina to acquire Kenyan freight forwarder, Air Connection

1 Min Read

May 3 (Reuters) - Panalpina Welttransport Holding AG :

* Said on Tuesday is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables

* Panalpina will acquire the family-owned Kenyan company Air Connection, subject to conditions

* The companies reached a respective agreement on May 2, 2017

* The companies have agreed not to disclose any financial details of the deal

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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