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Kerry and Talke sign deal to provide chemical logistics services in China
POSTED: 9:07 a.m. EDT, January 30,2007

Hong Kong's Kerry Logistics and Talke Logistic Services of Germany have signed a joint venture agreement to provide a full range of specialist chemical logistics services throughout China, a joint statement by the two companies announced.

The deal will see Kerry Logistics' expertise of China and Talke's specialist chemical industry knowledge, combine to deliver specialised logistics services nationwide.

"We are convinced Kerry-Talke will provide a powerful combination of local experience and specialist chemical logistics know-how for the benefit of our clients in this fast developing market," said Vincent Wong, joint managing director, Kerry Logistics.

Kerry Logistics in China provides a range of logistics services including freight forwarding, express parcel delivery, contract logistics, warehousing and distribution.

Talke Logistic Services, based near Cologne, is a chemical logistics service provider and has been working with major global chemical manufacturers for the last 60 years.

"Joining forces with Kerry Logistics in China gives us an ideal platform to further implement our strategy of international development with strong local partners," said Richard Heath, chief business development officer of Talke Logistic Services.

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