Kerry Logistics has acquired a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi (ASAV).
ASAV has seven offices in Turkey including five in Istanbul, one in Bursa and one in Izmir, as well as an office in Amsterdam, the Netherlands. The company also has a 452,000 sq ft (41,992.2 sq m) warehouse in Istanbul and a 21,500 sq ft (1,997.4 sq m) facility in Amsterdam.
Through the acquisition, Kerry Logistics said it has gained a major foothold in Turkey, which will be consolidated with its existing network and capabilities in the region.
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