Panalpina completes Kenyan purchase

Panalpina has completed acquisition of flower and vegetable forwarder Air Connection, following approval by the Competition Authority of Kenya. The move follows Panalpina’s acquisition of Airflo in 2016. Founded in 1993, Air Connection has operations close to Jomo Kenyatta International Airport in Nairobi and in Mombasa and specialises in the export of flowers and vegetables from Kenya to destinations including the UK and Netherlands. The perishables business of Air Connection ... [+]

Panalpina buys flower freight firm

Panalpina is to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specialised in the export of flowers and vegetables. Airflo is part of Dutch Flower Group (DFG), the world’s largest flower and plant trader. Airflo is Kenya’s second largest air freight forwarder with a ... [+]

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