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Kuehne+Nagel acquires Irish aviation firm Eastway

The Swiss-based logistics group Kuehne+Nagel is buying the Irish company Eastway Global Forwarding, which was previously family-owned and specialises in logistics services for the aviation industry. + Get the most important news from Switzerland in your inbox Headquartered in Limerick, Eastway has a network spanning 130 countries, Kuehne+Nagel said in a statement on Monday. The Irish company offers time-critical aircraft-on-ground services, aircraft engine logistics and customs clearance services, among others. It also offers services for the fast-growing aviation leasing industry. + Swiss logistics group Kuehne+Nagel to cut up to 1,500 jobs "The company has a proven track record and a strong customer base," said Kuehne+Nagel's head of airfreight, Yngve Ruud. The acquisition is in line with the strategy of expanding the portfolio through acquisitions. The acquisition is expected to be finalised by the end of 2025. Translated from German with DeepL/gw How we work We select the most ... Full story here Are you the author?
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