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Kerry augments its projects expertise
[ June 6, 2018 // Chris ]Kerry Logistics has acquired a majority stake in Milan-based logistics company Saga Italia.
As well as adding Saga’s specialised know-how in project logistics, heavy lift services and material management the acquisition also adds three new countries to Kerry Logistics’ network – Congo, Uganda, and Egypt, as well as new offices in Kazakhstan, Turkmenistan, UAE, Russia, and the US.
Founded in 1985, Saga Italia employs over 150 logistics professionals who manage projects for multinational corporations, particularly in the oil and gas industry.
Thomas Blank, Managing Director of Europe, Kerry Logistics, said, “With this step, we continue to build upon our expertise in project logistics which currently spreads across China, The Philippines, Indonesia, The Commonwealth of Independent States, and India. Saga Italia’s specialised knowledge further strengthens our activities and will support us to tap into the immense business opportunities as more Belt and Road projects get off the ground.”
Thomas Blank, managing director of Europe, Kerry Logistics (left), and Marco Oriolo, managing director of Saga Italia