Kerry Logistics acquires South African freight forwarder

Kerry Logistics

Kerry Logistics has acquired Shipping and Airfreight Services (Pty) Limited (S.A.S.), a freight forwarding and logistics company based in Johannesburg, South Africa.

Established 30 years ago, S.A.S. offers Less than Container Load (LCL), Full Container Load (FCL) and break-bulk ocean freight services. As for air freight, it offers direct air freight shipments, consolidation and charter services. The company also provides customised warehousing and distribution solutions.

S.A.S. will be managed as part of Kerry Logistics’ Europe division.

Thomas Blank, Managing Director of Europe, 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.”

In its press release, Kerry emphasised the country’s importance as an automotive manufacturer: “As the second largest economy in Africa, South Africa is an important manufacturing hub for the global automotive market. The automotive industry is responsible for a significant amount of South Africa’s imports and exports and will continue to make foreign trade a staple of the country’s economy.”

In addition to its latest expansion in Africa, over the past year, Kerry Logistics has expanded its presence in nine countries across Central Asia. In Europe, Kerry has acquired companies in Spain, Germany and Italy and opened its first own office in Warsaw, Poland.

Source: Kerry Logistics