Thursday, September 28, 2017

It is Tulips from Amsterdam as Future Looks Rosy for One Freight Shipper

Third Party Logistics Group Expands Perishables Global Network with Dutch Buyout
Shipping News Feature
NETHERLANDS – After the successful acquisition of Kenya-based forwarder Air Connection, third party logistics group Panalpina is now to acquire the Dutch company Interfresh Airfreight Handling. Interfresh specializes in the customs clearance and last-mile distribution of imported perishables from Africa, Asia-Pacific and Latin America. With the acquisition Panalpina states it has taken another significant step in building its global Perishables Network and offering complete end-to-end solutions on a global scale. Panalpina CEO, Stefan Karlen, said:

“By acquiring Interfresh we gain full control over the cool chain for one of the perishables industry’s most important trade lanes for flowers – from Nairobi to Amsterdam and beyond. It is also a logical transaction as the primary customer of Interfresh is Air Connection, the Kenya-based forwarder that we successfully acquired earlier this year.”

The acquisition is part of a larger agreement that will see Panalpina take over Interfresh’s sister companies Fresh Cargo Connection and Dutch Cargo Connection, subject to conditions, and allows Panalpina to significantly expand its perishables offering in the Netherlands.

Having its own fleet of vehicles, Interfresh specializes in the customs clearance and last-mile distribution of imported flowers from Kenya and different types of perishables from many origin countries in Asia-Pacific and Latin America. Fresh Cargo Connection acts as a fiscal representative for customers and Dutch Cargo Connection provides services for other perishables such as fish, fruit, vegetables and mushrooms.

Located at Schiphol Airport the three companies handle around 20,000 tons of perishables air freight per year. Other important origin countries besides Kenya are Sri Lanka, South Korea, Taiwan, Canada, Ethiopia, Turkey, Colombia and Ecuador.

“In more than ten years we have built a solid and respected business and steadily grown our perishables volumes,” says Sonja Kauffman, who founded Interfresh in 2004 and fully owns and leads all three companies as CEO. “We are very proud of what we’ve achieved so far and now is the right time to secure further profitable growth, especially in the regions of Asia-Pacific and Latin America. Panalpina has the global network, tools and connections to help us achieve that.”

Kauffman will join Panalpina as the new country head of Perishables for the Netherlands.