The Panalpina Group, one of the world's leading providers of supply chain solutions, has announced that it is to acquire the Dutch company Interfresh Airfreight Handling.
Interfresh specialises in the customs clearance and last-mile distribution of imported perishables from Africa, Asia-Pacific and Latin America and, with the acquisition Panalpina is aiming to build further its global perishables network and offer complete end-to-end solutions on a global scale.
Panalpina will acquire Interfresh Airfreight Handling as well as its sister companies Fresh Cargo Connection and Dutch Cargo Connection, subject to conditions, with no financial details being disclosed by any party.
The latest acquisition allows Panalpina to expand its perishables offering in the Netherlands. Having its own fleet of vehicles, Interfresh specialises in the customs clearance and last-mile distribution of imported flowers from Kenya and different types of perishables from many origin countries in Asia-Pacific and Latin America.
Fresh Cargo Connection acts as a fiscal representative for customers and Dutch Cargo Connection provides services for other perishables such as fish, fruit, vegetables and mushrooms. Located at Schiphol Airport with offices, a cold storage facility and an experienced team, the three companies handle around 20,000 tonnes of perishable airfreight per year.
“The acquisition in the Netherlands is another significant step in building Panalpina’s global perishables network and offering complete end-to-end solutions on a global scale," explained Panalpina CEO Stefan Karlen. "It also exemplifies how we expand our presence and expertise in destination countries and at major transportation hubs for perishables."