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Kerry Logistics Network Acquires French Air Freight Specialist BBA

To Strengthen Its Position in EMEA and Global IFF Capabilities

HONG KONG SAR - Media OutReach Newswire - 5 March 2024 - Kerry Logistics Network Limited ('Kerry Logistics Network', 'KLN'; Stock Code 0636.HK) announced the acquisition of a majority stake in Business By Air SAS ('BBA'), a leading French international freight forwarding company, to strengthen KLN's position in the EMEA region and international freight forwarding ('IFF') capabilities across the globe.

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