Quick is an industry specialist, providing tailor-made solutions to the aviation and pharma and healthcare industries, generating above US$200m annual net revenues. Quick comprises Sterling Aviation, QuickSTAT, Quick Healthcare and Quick Logistics, which will continue to operate as independent product brands.
“Kuehne + Nagel’s M&A strategy is focused on expanding our footprint, creating synergies and acquiring know-how. The acquisition of Quick is another accelerator to drive network growth and to enhance our global customer solutions portfolio,” commented Dr Detlef Trefzger, CEO of Kuehne + Nagel International.
“This acquisition is an important milestone in the implementation of our solutions strategy and a confirmation of our leading position in airfreight. With its unique expertise in time-critical shipments in the fields of aviation and pharma and healthcare – both key strategic focus and investment areas for Kuehne + Nagel – the company perfectly complements our existing global portfolio. Our customers will benefit from a much greater scope of services and capability for time-critical shipments, while Quick’s customers will get access to Kuehne + Nagel’s global network across more than 100 countries,” added Yngve Ruud, Member of the Managing Board of Kuehne + Nagel, who is responsible for airfreight.