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Kuehne and Nagel to further expand its perishables logistics operations

Kuehne + Nagel announced today that it has entered into an agreement to take over J. van de Put Fresh Cargo Handling, Amsterdam. The acquisition of the Dutch
handling agent for perishable goods will enable Kuehne + Nagel to further enhance its global "fresh-to-door concept".

J. van de Put, a family owned business, is specialised in handling
perishables airfreight cargo (e.g. flowers, plant cuttings, fruits, vegetables)
since it was founded in 1976. Located at Amsterdam Airport Schiphol,
Europe’s main platform for perishables cargo, the company is facilitating
logistics and customs processes for import and export shipments. J. van
de Put is offering a full range of services such as vacuum cooling, temperature
controlled storage, customs clearing and inspections as well as delivery and distribution across Europe. Profound product specific knowledge, first class facilities and speed are key differentiators of J. van de Put Fresh Cargo Handling. The company employs 260 staff.

"This acquisition follows our global expansion strategy in the field of
perishables logistics," said Karl Gernandt, Chairman of Kuehne + Nagel
International AG. "It extends our global capabilities and complements the
service offering of our national organisation, ranked number 1 in the
Dutch airfreight export market. Our customers will benefit from temperature
controlled door-to-door logistics solutions for perishable goods that
require highly specialised handling know-how."

"It is our pleasure to become part of the global Kuehne + Nagel network.
This fits into our overall strategy and secures the long-term future of our
business," said Moniek van de Put. "Our strong position in the perishables
market and our unique location at Amsterdam Airport suits Kuehne +
Nagel very well. Together, we are a strong team to provide first class
services to our customers."
The transaction is subject to approval of relevant competition
authorities.

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