M&A Deal Summary

Kuehne + Nagel Acquires Salmosped

On July 9, 2021, Kuehne + Nagel acquired transportation company Salmosped

Acquisition Highlights
  • This is Kuehne + Nagel’s 19th transaction in the Transportation sector.
  • This is Kuehne + Nagel’s 1st transaction in Norway.

M&A Deal Summary

Date 2021-07-09
Target Salmosped
Sector Transportation
Buyer(s) Kuehne + Nagel
Deal Type Add-on Acquisition

Target

Salmosped

Jessheim, Norway
Salmosped is an airfreight forwarder that specializes in air cargo of fish and seafood products to overseas markets. Salmosped is based in Jessheim, Norway.

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Buyer(S) 1

Buyer

Kuehne + Nagel

Schindellegi, Switzerland

Category Company
Founded 1890
Sector Transportation
Employees74,996
Revenue 24.8B CHF (2024)
DESCRIPTION

Kuehne + Nagel is a global transportation and logistics company that offers highly specialised solutions for major industries worldwide.. Kuehne + Nagel was founded in 1890 and is based in Schindellegi, Switzerland.


DEAL STATS #
Overall 20 of 25
Sector: Transportation M&A 19 of 24
Type: Add-on Acquisition M&A Deals 18 of 22
Country: Norway M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 Apex Logistics International

Shanghai, China

Apex Logistics International is a provider of freight forwarding, contract logistics, transportation management, warehousing, and distribution services. Apex Logistics International was founded in 2001 and is established in Shanghai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 Morgan Cargo

Johannesburg, South Africa

Morgan Cargo offers logistic solutions to a wide variety of internationally based clients. Morgan Cargo is a wholesaler of cargo space, products and services to agents and exporters/importers alike. Morgan Cargo was founded in 1993 and is based in Johannesburg, South Africa.

Buy -