DSV Panalpina A/S intends to sell their activities on perishables in both Kenya and The Netherlands of Panalpina Airflo (Airflo) to the minority shareholder Dutch Flower Group (DFG). The transaction is subject to merger clearances by the competition authorities in The Netherlands and Kenya.
DFG is pleased to seize the opportunity of acquiring all the shares of Airflo. The activities of Airflo are focused on handling and logistic services of perishable products by air, like cut flowers and vegetables.The purpose is to leverage DFG’s industry expertise to further strengthen the supply chain from Africa.
DFG will achieve this purpose by supporting the Airflo strategy to deliver cool chain management for DFG’s own, as well as existing Airflo customers’ import of fresh cut flowers and other perishable products from Kenya.
The management of Airflo will remain the same, with Pim de Wit (general manager Airflo in The Netherlands) and Peter Verner Kristensen (managing director Airflo Ltd in Kenya).
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