Temasek and Kuehne + Nagel to launch joint venture to invest in supply chain start-ups

By James Henderson
Share
Global logistics firm Kuehne + Nagel has partnered with Asian investment company Temasek to establish a joint venture to invest in early stage companies...

Global logistics firm Kuehne + Nagel has partnered with Asian investment company Temasek to establish a joint venture to invest in early stage companies developing cutting-edge technology for logistics and supply chains.

The joint venture is targeting investments into early stage companies which are developing technologies and services with the potential to transform traditional business models in logistics, improve efficiency and provide an enhanced value proposition for the consumers.

The cooperation will focus particularly on the areas of big data and predictive analytics, artificial intelligence, block chain and robotics.

Dr. Joerg Wolle, Chairman Kuehne + Nagel International AG, said: “This joint venture will be able to accelerate the transformation of the logistics industry.

SEE ALSO:

“The cooperation combines Temasek’s focused and long-term oriented investment strategy and expertise, with Kuehne + Nagel’s global logistics network and know-how, creating a win-win situation for all parties. For Kuehne + Nagel it is both another important step in the deployment of our digitalisation approach and to shape the future of our industry.”

Tan Chong Lee, President & Head, Europe and South East Asia, Temasek commented: “The opportunities presented by the growth of technology and its application across sectors have been an increasing focus for Temasek.

“We are pleased to partner Kuehne + Nagel in this joint venture, and believe the collaboration will allow us to further identify and support growing companies at the forefront of technological development in the logistics industry.”

Share

Featured Articles

This Week's Top Five Stories in Supply Chain

Supply Chain Digital looks back on five of the biggest stories we've covered this week, featuring the likes of Blue Yonder, GXO, Gartner and Unilever

Inside Exotec's Grand Next Gen Skypod Unveiling

Exotec launches the Next Generation Skypod, enhancing warehouse efficiency with improved storage density, higher throughput and integrated logistics

The Panama Canal and its Crucial Role in the EV Supply Chain

Supply Chain Digital examines the Panama Canal's vital role in the EV supply chain amid geopolitical tension and global trade volatility

Q&A: JP Lauer at GEP Europe Tour 2025, Amsterdam

Procurement

Blue Yonder: Optimising Cold Chain Operations for RealCold

Operations

This Week's Top Five Stories in Supply Chain

Digital Supply Chain