Kuehne+Nagel has entered into a binding agreement to acquire 100% of the shares in Norwegian company Salmosped.

The Oslo-based company is a leading Norwegian perishables freight forwarder specialising in transportation of seafood products. It generated turnover of CHF118m in 2020 and handled approximately 63,000 tonnes of goods.

Today, Norway is one of the largest fishery and aquaculture producers in the world. Despite the pandemic, Norway’s fish exports remained strong, with attractive prospects for fisheries and marine aquaculture growth in light of its 21,000 kilometre long coastline.

Over the years, Kuehne+Nagel has developed a global perishables logistics network with more than 70 stations worldwide that ensure that products reach end consumers with an optimal shelf life and maximum freshness.