Kuehne+Nagel Strikes Deal With Amazon For Supply Chain, Cloud Capabilities
By Aimee Look
Logistics company Kuehne+Nagel struck a deal with Amazon to bolster its role in data center infrastructure and strengthen the American tech giant's customer service capabilities.
The Swiss company said Monday that the long-term partnership with Amazon builds on an existing relationship and is designed to support business future opportunities.
K+N shares rose around 3.1% in early morning European trade.
Under the deal, Amazon is granted a call option on K+N's existing shares tied to commercial milestones or services. The call option, which Amazon can settle in cash or shares, is for up to seven years, K+N said.
K+N said the partnership includes Amazon Web Services, which encompasses equipment deployment, maintenance and upgrades.
"We are setting the foundation for a new level of customer service commitment at a global scale for Amazon," said Stefan Paul, CEO of Kuehne+Nagel International AG.
The intensified relationship will likely accelerate K+N's growth in the profitable data-center infrastructure logistics business, analysts at Vontobel say in a note.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
September 21, 2026 03:45 ET (07:45 GMT)
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