Kuehne + Nagel acquires two perishables specialists

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With the acquisition of CFI, Commodity Forwarders Inc., an airfreight forwarder of perishables products in the USA, and Trillvane Ltd, one of the largest perishables specialists in Kenya, Kuehne + Nagel expands its global perishables network by adding more than 150,000 tons of perishables and further strengthens its position in providing end-to-end international and domestic fresh chain solutions.
CFI, 1974 established by Alfred Kuehlewind as one-man office in Los Angeles shipping strawberries to Europe, today operates 14 locations throughout the United States including Alaska and Hawaii with more than 700 employees. The company is specialised in airfreight export and import as well as distribution of seafood, all kinds of agricultural products, flowers and greens. As a leader in the US perishable forwarding industry, CFI differentiates itself through its expertise, ability to provide high-end visibility and delivering unprecedented product quality for its customers’ fresh chains.
Alfred Kuehlewind, Founder and CEO of CFI: “We are looking forward to become part of the Kuehne + Nagel Group. The planned transaction will offer us new growth perspectives and access to a global logistics network. Both companies’ customers will benefit from an extended service scope.”
Questions & Answers
Q.Why has Kuehne + Nagel acquired these two companies?
Why has Kuehne + Nagel acquired these two companies?
The acquisitions expand Kuehne + Nagel's global perishables network. They add over 150,000 tons of perishables to their operations and strengthen their position in providing international and domestic fresh chain solutions.
Q.What kind of products does CFI specialise in handling?
What kind of products does CFI specialise in handling?
CFI specialises in airfreight export and import, and distribution of seafood, agricultural products, flowers, and greens. Their expertise in these areas has made them a leader in the US perishable forwarding industry.
Q.What benefits does CFI expect from being acquired by Kuehne + Nagel?
What benefits does CFI expect from being acquired by Kuehne + Nagel?
CFI expects new growth opportunities and access to a global logistics network. Alfred Kuehlewind, CFI's CEO, also noted that customers of both companies will benefit from an extended service scope.