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Kerry Logistics sets up jv in China to expand food cold chain business

HONG Kong-listed Kerry Logistics Network Limited has expanded its food-related cold chain capability in mainland China with the establishment of Kerry Cold Chain Solution Ltd (Kerry Cold Chain), to tap into the fast-growing domestic market of niche food products

Kerry Logistics sets up jv in China to expand food cold chain business

HONG Kong-listed Kerry Logistics Network Limited has expanded its food-related cold chain capability in mainland China with the establishment of Kerry Cold Chain Solution Ltd (Kerry Cold Chain), to tap into the fast-growing domestic market of niche food products

10 May 2019 - 19:00

HONG Kong-listed Kerry Logistics Network Limited has expanded its food-related cold chain capability in mainland China with the establishment of Kerry Cold Chain Solution Ltd (Kerry Cold Chain), to tap into the fast-growing domestic market of niche food products.

Kerry Cold Chain is a joint venture company formed with Shanghai Zhizhen Logistics Co Ltd (Zhizhen Logistics) in which Kerry Logistics holds the majority interest.



Founded in 2008, Zhizhen Logistics serves the logistics needs of both domestic and international customers from locations across China including Beijing, Tianjin, Wuhan, Guangzhou, and Shenzhen. It commands a 90 per cent market share for imported food essences in the Shanghai region, Kerry Logistics said.



Managing director - China and North Asia of Kerry Logistics, Edwardo Erni, said: 'The market for food-related cold chain logistics in mainland China is immense with enormous growth potential. There is also ample room for technological growth to reach international standards.



'We welcome the collaboration with Zhizhen Logistics, which marks an important strategic step for Kerry Logistics to extend its footprint in the domestic cold chain logistics market, enhancing our service offerings and competitiveness.'



Kerry Cold Chain currently operates more than 1 million sq ft of ambient and cold chain facilities in China, including a temperature-controlled facility of over 50,000 sq ft in Shanghai featuring automated storage and retrieval systems.


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