KGH continues to grow. Now we announce our entrance on the Swiss market by our acqusition of Hermes & Richard AS.
Following our recent expansion into the UK, we continues to strengthen our leading position in Europe. Hermes & Richard AG is a Swiss-based customs service provider serving Switzerland, Germany and France.
KGH has constantly grown its business in recent years by expanding its operations to more European countries, adding additional capabilities and more capacity. Expanding to Switzerland is a natural progress given the country’s importance in European trade and KGH’s presence in neighboring countries, through which a vast majority of the goods passes.
The acquisition is yet another step in KGH’s development to further strengthen our position as a leading provider of trade and customs management in Europe.