Kuehne + Nagel strengthens its position in the forest products niche market

Effective immediately Kuehne + Nagel, Inc. has acquired the Scituate (MA) based freight forwarder Aces, Ltd. Through this takeover, Kuehne + Nagel will gain access to the specialized US timber market.

Aces Ltd. was founded in 1984 as an international lumber and log logistics provider. The family-run company has since grown to 18 employees in three offices – Scituate (MA), Mobile (AL), and Seattle (WA). With revenue of over $15 Million dollars annually, Aces handles shipments from 29 North American ports to over 175 destinations worldwide. Aces focuses on the specialized handling and documentation of forestry products – key criteria required to be a responsible and successful player in this high volume niche market.

"Teaming with the globally recognized Kuehne + Nagel Group fits perfectly with our desire to expand our international reach and product portfolio. We are very excited to utilize the network and technology of Kuehne + Nagel to the advantage of our customers," comments Cindra Zambo, President and founder of Aces, Ltd.

"Wood and related products make up the largest export commodity from the UStoday. Our research and efforts to enter this specialized market of forest products have revealed a clear leader in Aces - their expertise and customer relationships are unrivaled. We are very pleased to have them on our team," stated Rolf Altorfer, President of Kuehne + Nagel, Inc.