Kuehne+Nagel plans to acquire Irish aerospace logistics leader Eastway

Kuehne+Nagel, a Swiss logistics firm, plans to acquire Eastway Global Forwarding, an Irish family-owned aerospace logistics provider headquartered in Limerick. Eastway operates in 130 countries, offering services including aircraft-on-ground support, engine logistics, warehousing, customs brokerage, and full lifecycle services for the aviation leasing industry. This acquisition aims to strengthen Kuehne+Nagel's aerospace logistics capabilities and accelerate growth in the fast-developing aerospace sector, with Eastway complementing Kuehne+Nagel's targeted bolt-on acquisition strategy. The global aviation lessor market, which accounts for over half the world’s aircraft fleet, is expected to grow significantly between 2024 and 2034, enhancing the importance of this deal. The acquisition is subject to regulatory approvals and is expected to be completed by the end of 2025, with Eastway continuing to operate under its established brand as a wholly owned subsidiary. Leaders from both companies emphasize the strategic fit and growth opportunities this partnership creates for expanding aerospace supply chain solutions globally.