Kuehne + Nagel has expanded its warehousing and distribution network in Indonesia with the acquisition of Indonesian logistics company Wira Logistics.
“Indonesia is arguably the most important internet market in Southeast Asia in terms of its sheer size, emerging middle class and digitally savvy population,” said Gianfranco Sgro, member of the managing board at Kuehne + Nagel International AG responsible for contract logistics. “With this acquisition we can leverage our global e-commerce strategy. At the same time it allows us to strengthen our contract logistics footprint in Asia and our position as a leading logistics service provider. The tightened domestic network will further enhance our value proposition of providing fully integrated end-to-end logistics solutions to our customers across Indonesia.”
Imports and exports in Indonesia account for almost US$300 billion annually and have been a strategic focus for Kuehne + Nagel. The country’s growing middle class is driving increased purchasing power, making it an important consumer market for many companies.
“Wira is very proud to expand our fruitful relationship with Kuehne + Nagel,” said Ekahadi Djaja, president commissioner of Wira Logistics. “Our existing and future customers will stand to benefit from Kuehne + Nagel’s market-leading position, capabilities and global expertise.”
Kuehne + Nagel started operations in Indonesia in 1992.
“Over the years, we have become the logistics partner of choice for many blue-chip multi-national corporations and local companies,” said Jens Drewes, president of Kuehne + Nagel South Asia Pacific. “These partnerships are a testament of our expertise and understanding of our customers’ needs, regardless of the size of their company. We are very excited by this acquisition and the additional opportunities that it will create for our business.”