Kuehne+Nagel has announced the acquisition of TDN, a Spanish road logistics provider, to enhance its European network and improve service offerings in the Iberian Peninsula.
Information on the Target
Kuehne+Nagel has finalized an agreement to acquire TDN (Transporte y Distribución Nacional), a prominent Spanish road logistics services provider based in Madrid. Established as a trusted name in the logistics sector, TDN boasts an extensive network and operational capabilities that significantly bolster Kuehne+Nagel's European groupage network.
With a workforce exceeding 600 employees, TDN managed over one million shipments in 2024. The company operates 45 terminals and has access to a fleet of more than 700 vehicles through its partner network, facilitating over 200 daily routes throughout Spain, as well as covering the Balearic Islands, the Canary Islands, and Portugal.
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Industry Overview in Spain
The logistics industry in Spain is a vital sector, contributing significantly to the national economy. With its strategic geographical location, Spain serves as a gateway to Europe, North
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