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FRANKFURT, May 3 (FAM) – International freight forwarding and logistics company Panalpina is to acquire Air Connection, a Kenya-based forwarder specialized in the export of flowers and vegetables. The move comes after Panalpina’s acquisition of Airflo in Kenya in 2016.
Panalpina will acquire the family-owned Kenyan company Air Connection, subject to conditions and only two weeks after the company formally announced the launch of its global Perishables Network. The companies reached a respective agreement on May 2, 2017.