Kuehne + Nagel is opening an Asia-Pacific headquarters in Singapore as it moves to consolidate and develop its business in the region.
"Following the successful combination of the former three European regions into one Europe, the significant growth and successful integration of three major acquisitions in the North America region, the focus for the years to come is on the Asia Pacific," the Swiss transport and logistics company said in a statement, noting that it has set
Kuehne + Nagel noted that it has set its path for further and accelerated expansion in the Asia Pacific through "organic and inorganic growth."
"In order to target an even stronger role in logistics all over Asia, the company has decided to concentrate strengths and to combine its so far two Asian organisations into one strong region. With immediate effect, the new Asia Pacific region with about 10,000 professionals will be headquartered in Singapore," it added.
The firm said the two current regional managers Jens Drewes and Siew Loong Wong will jointly lead the "ambitious development of Kuehne + Nagel" in the region.
"Kuehne + Nagel has shown great success all over the Asia Pacific in recent years and built up an already strong position in this remarkable region of the world. We strongly believe that the Asia Pacific will be the driver of the global economic development in the years to come," said Joerg Wolle, chairman of the board of directors Kuehne + Nagel International AG.
"The joint leadership of the region by two proven executives will prepare the ground for a new dimension of organic and inorganic growth of our networks to even better serve our customers," it added.