Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

Kuehne+Nagel is acquiring TDN, a Spanish road logistics company, to strengthen its European groupage network and enhance last-mile delivery capabilities. This acquisition also lays the groundwork for future expansion into the Latin American market. TDN possesses a robust network and strong operational capabilities. The acquisition is expected to be immediately accretive to earnings and highly synergistic with Kuehne+Nagel's existing business. The move underscores Kuehne+Nagel's commitment to expanding its reach and improving its service offerings within the European logistics landscape.
Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

As e-commerce packages flood toward consumers, the efficiency of last-mile delivery has become the lifeline for logistics companies. Kuehne+Nagel, the global logistics giant, demonstrates this understanding through its acquisition of Spanish road transport leader Transporte y Distribución Nacional (TDN), significantly boosting its local delivery capabilities across Europe and Latin America.

This strategic move holds substantial importance, serving not only as a powerful enhancement to Kuehne+Nagel's existing European consolidation network but also marking a crucial step in its global expansion strategy. TDN, a market leader in Spanish road logistics, employs over 600 professionals and handled more than 1 million shipments in 2024.

The Spanish firm operates an extensive network comprising 45 terminals across mainland Spain, the Balearic Islands, the Canary Islands, and Portugal. Its partnership fleet of more than 700 vehicles supports over 200 daily operational routes, creating a robust distribution system.

Strategic Advantages and Market Expansion

Analytical data suggests TDN's network coverage will dramatically improve Kuehne+Nagel's service efficiency in the Iberian Peninsula while establishing a solid foundation for expansion into Latin American markets. Hansjörg Rodi, Executive Vice President of Road Logistics at Kuehne+Nagel, emphasized that this acquisition aligns perfectly with the company's strategic growth objectives and will deliver significant business value.

"This acquisition represents a perfect strategic fit that will immediately create value for our customers and shareholders,"

Rodi stated, underscoring the transaction's importance.

TDN President Susana Fernández Paradela echoed this sentiment, noting that the complementary networks and shared corporate culture between the two companies would generate more comprehensive logistics solutions while creating enhanced career opportunities for employees.

Immediate Operational Impact

The transaction, expected to close in coming weeks pending standard closing conditions and regulatory approvals, is projected to contribute immediately to Kuehne+Nagel's earnings. The seamless integration with existing road logistics operations positions the company to strengthen its last-mile delivery capabilities and gain market share in Latin America.

This acquisition represents another decisive step in Kuehne+Nagel's strategy to dominate local delivery services while expanding its footprint in high-growth markets. The combined operational scale and expertise promise to reshape competitive dynamics in European and transatlantic logistics.