• Divestment of major part of the UK Contract Logistics portfolio successfully completed • UK transaction follows recent divestments in France, Argentina • Continued commitment to scalable Contract Logistics solutions worldwide, especially in e-commerce and pharma / With the completed divestment of a major part of its UK Contract Logistics portfolio to XPO Logistics, Kuehne+Nagel has completed the restructuring of this business unit. This transaction follows the sale of the Contract Logistics activities in Argentina, the chilled FMCG portfolio in France as well as a portfolio of real estate assets.