4 SWITZERLAND
Kuehne + Nagel confirms biggest ever acquisition
Kuehne + Nagel has agreed to acquire Apex International for an undisclosed sum , expanding air freight capabilities and strengthening its growing presence in the APAC territory . The Swiss logistics giant will buy a majority share in the Asian freight forwarder from private equity firm MBK . It will be Kuehne + Nagel ’ s biggest acquisition to date .
6
JAPAN
DHL wins Japan COVID-19 contract
DHL wins the contract to distribute COVID-19 vaccines to Japan , expanding its role in the global inoculation effort . The first batch was delivered in February by DHL Global Forwarding , with further shipments to be delivered by air from the company ’ s global forwarding hub in Belgium in coming months .
5
AUSTRALIA
Woolworths begins major DC build
Primary Connect , the supply chain arm of Woolworth Group , has begun building works on its new AUD $ 184mn Heathwood Distribution Centre ( DC ) in Southeast Queensland . supplychaindigital . com 13