Kerry Logistics Network has acquired a majority stake in French freight forwarder Business By Air SAS (BBA) to bolster its position in the Europe, Middle East, and Africa regions.
Kerry stated that BBA has been its agent in France since 2016 and specialises with industrial clients encompassing verticals like automotive, aerospace, and pharmaceuticals.
BBA was founded in 1978 and has its headquarters in Roissy, France. It also has offices in Orly, Nice, Le Havre, and Pointe-à-Pitre, Guadeloupe.
“In addition to multimodal freight forwarding, customs clearance and nationwide trucking, BBA also offers a complete suite of supply chain solutions covering express, on board couriers, project cargo, as well as logistics for fine arts, perishables and personal effects,” Kerry said in a press release.
Vic Cheung, group managing director of Kerry Logistics Network, said: “The acquisition is a natural progression in our strategic pursuit of enhancing our IFF service offerings in the EMEA region.
“With France’s position as one of the world’s top exporting countries, the addition of BBA will significantly strengthen our foothold in the country.
“We are looking forward to the synergies created between KLN’s ocean freight capabilities and BBA’s airfreight expertise, and the extension of our service into the niche verticals of fine arts and perishables, which will further boost our global coverage and competency to offer comprehensive and flexible solutions to customers.”
