Kerry Logistics has acquired Johannesburg-based freight forwarding and logistics company, Shipping and Airfreight Services (SAS).
With the takeover of SAS' air and ocean freight entities, Kerry Logistics expands its service offerings in the South African freight forwarding market. The new Johannesburg office will be managed as part of Kerry Logistics' Europe division.
SAS offers less than container load (LCL) and full container load (FCL) services as well as breakbulk and project cargoes.
Thomas Blank, managing director of Europe at Kerry Logistics, said: "South Africa's economy has an important standing on the African continent with excellent trade lanes not only to the Chinese market but also the large exporting economies of the European Union. We are pleased about this great opportunity to further develop our business through this trade.”
This acquisition is part of Kerry Logistics' long-term international freight forwarding strategy to expand its coverage worldwide.