Kuehne+Nagel acquires Irish aviation firm Eastway
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Kuehne+Nagel acquires Irish aviation firm Eastway
The Swiss-based logistics group Kuehne+Nagel is buying the Irish company Eastway Global Forwarding, which was previously family-owned and specialises in logistics services for the aviation industry.
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Headquartered in Limerick, Eastway has a network spanning 130 countries, Kuehne+Nagel said in a statement on Monday. The Irish company offers time-critical aircraft-on-ground services, aircraft engine logistics and customs clearance services, among others. It also offers services for the fast-growing aviation leasing industry.
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“The company has a proven track record and a strong customer base,” said Kuehne+Nagel’s head of airfreight, Yngve Ruud. The acquisition is in line with the strategy of expanding the portfolio through acquisitions.
The acquisition is expected to be finalised by the end of 2025.
Translated from German with DeepL/gw
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