Kuehne+Nagel plans to acquire Eastway Global Forwarding Ltd., enhancing its aerospace logistics capabilities and aligning with growth opportunities in the industry.

Target Information

Kuehne+Nagel has announced its plan to acquire Eastway Global Forwarding Ltd., a prominent player in the aerospace logistics sector. This acquisition is anticipated to enhance Kuehne+Nagel's aerospace logistics portfolio and bolster its growth strategy within the rapidly expanding aerospace industry.

Eastway Global Forwarding Ltd., a family-owned company headquartered in Limerick, Ireland, operates a robust network that extends to 130 countries. Known for its reliability in the aerospace industry, Eastway specializes in offering time-critical aircraft-on-ground (AOG) services, aircraft engine logistics, aviation logistics and warehousing, as well as customs brokerage services. Additionally, it provides comprehensive lifecycle services tailored for the aviation leasing sector, which accounts for over 50% of the global aviation fleet. The aviation lessor industry is projected to grow significantly, with its value anticipated to increase from USD 187.1 billion in 2024 to USD 565.1 billion by 2034, reflecting a compound annual growth rate (CAGR) of 11.8% (according to CAPA and Global Market Insights).

Industry Overview

The aerospace logistics industry is witnessing robust growth driven by rising demand for air travel and increased aircraft production. The sector benefits from advancements in technology, creating opportunities for logistics provider