Kerry Logistics Acquires the Majority Stake of Tuvia Italia S.p.A. and Enters the Italian Freight Forwarding and Logistics Market

Frankfurt, 9th May 2017 – Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 636.HK), Asia’s leading logistics service provider, has signed with Tuvia Group, Italian holding company, an agreement for the acquisition of the majority stake of Tuvia Italia S.p.A. as part of its ongoing expansion in Europe.