By Dominic Chopping
Swiss logistics company Kuehne + Nagel plans to acquire aerospace-logistics provider Eastway Global Forwarding to support its growth ambitions in the fast-developing aerospace industry.
Based in Ireland, family-owned Eastway offers services such as aircraft-engine logistics, aviation logistics and warehousing, and customs brokerage services through a network spanning 130 countries globally.
It also provides full lifecycle services for the aviation-leasing industry.
"Eastway is a good fit for Kuehne + Nagel," Yngve Ruud, Kuehne + Nagel's head of air logistics, said. "The company brings with it a proven track record of success and a strong customer base."
The acquisition is subject to regulatory approvals and customary closing conditions.
Completion is expected by the end of 2025. No financial details were disclosed.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 03, 2025 01:45 ET (06:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.