- 6 June 2018
- Transport / Logistics Services
Ireland based Kerry Logistics has now acquired a majority stake in the Italian logistics firm Saga Italia.
The acquisition extends Kerry Logistics’ reach into three new countries – Uganda, Republic of Congo and Egypt. It also offers access to new offices in the UAE, Russia, the US, Kazakhstan and Turkmenistan.
Saga Italia was founded in 1985 and offers international freight forwarding solutions in air, ocean and overland transport.
Thomas Blank, Managing Director of Europe, Kerry Logistics, said, “With this step, we continue to build upon our expertise in project logistics which currently spreads across China, The Philippines, Indonesia, The Commonwealth of Independent States, and India. Saga Italia’s specialised knowledge further strengthens our activities and will support us to tap into the immense business opportunities as more Belt and Road projects get off the ground. With Saga Italia on our team, we are able to provide a platform to consolidate our project logistics capabilities across the globe.”
Marco Oriolo, owner and Managing Director of Saga Italia, added: “By joining Kerry Logistics our services are leveraged by an extensive network in Asia and Europe. We are looking forward to a successful future as part of the Kerry Logistics team, driving the businesses of our customers through innovative logistics solutions.”