Australia - 7 May 2012 - Kerry Logistics has set up a joint venture with Mosskito Logistics in Australia to tap into the cold chain distribution segment in Australia. The joint venture has been rebranded as Kerry Logistics Cold Chain.

Kerry Logistics Cold Chain operates a fleet of over 30 reefer trucks involved in the distribution of food and pharmaceuticals throughout the metro and regional area of Victoria State in South West Australia.

“This is a major step forward for Kerry Logistics in the cold chain distribution sector in Australia. We are looking to use the new company as a platform to expand our cold chain business throughout Australia and offer a vertically integrated FMCG supply chain model to the rapidly expanding Asian market,” said Kelvin Mason, Executive Director, Australia, Kerry Logistics.

The company has two cold storage facilities located in Melbourne and Bendigo respectively. The business represents a number of major brands in the food and pharmaceutical industry sectors.

About Kerry Logistics
Kerry Logistics is Asia’s premier logistics service provider with a strong focus on China. Based in Hong Kong, Kerry Logistics has offices in 23 countries with over 16,000 employees and a transportation fleet of 8,000 vehicles. Its core business encompasses integrated logistics, international freight forwarding and supply chain solutions. By owning and managing 3m sq.m. of logistics facilities, it provides customers with reliability and flexibility to support their future expansion and long-term growth. Kerry Logistics Network Limited is a wholly owned subsidiary of the Hong Kong-listed Kerry Properties Limited.