Panalpina has entered into an agreement with the Cool Chain Group, Germany (CCG), taking over business and a team that is specialized in international air freight and the import of perishables. The deal will further strengthen the Panalpina Perishables Network in Europe and the company’s global end-to-end offering for fresh produce.
Rungis Express, the parent company of CCG, and Panalpina have agreed to the business takeover on September 28, 2017. As part of this deal, Panalpina in Germany will take over an experienced team of employees and a flourishing perishables business stemming from well over 100 customers and representing around 14’000 tons of air freight per year.
The former managing director of CCG, Markus Kampa, will lead the entire team and further develop the business as Panalpina’s new country head of Perishables Germany. Panalpina will additionally have access to cold storage space within CCG’s temperature-controlled transit warehouse in Kelsterbach, close to Frankfurt Airport and one of Europe’s most important import hubs for perishables. Furthermore, Panalpina will continue to benefit from CCG’s well-established overland distribution network and cool chain capabilities in Germany and many neighboring countries.
“We are very happy to welcome the new perishables experts in Germany. We are bringing an experienced team on board that will greatly help to develop perishables end-to-end services for Germany and the neighboring countries of Switzerland, Austria, Poland and Czechia,” comments Dominik Wiesler, Panalpina’s managing director for Germany.
The companies have agreed not to disclose any financial details of the deal.
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