Decision of the French Competition Authority
Kuehne + Nagel was informed about today's decision of the French Competition Authority regarding the parcel delivery logistics market in France, which inter alia includes French Alloin Group, a company which was acquired by Kuehne + Nagel in 2009.
Regarding the fine of EUR 32 million for the Alloin Group, approximately EUR 31 million are attributable to the time before the acquisition of the Alloin Group by Kuehne + Nagel.