Agility takes over Nyström

GLOBAL Logistics provider Agility has taken over its air and ocean agent in Finland, Nyström.

Nyström, provides forwarding and logistics services with 35 employees and annual revenues of €15 million (US$23 million). It is a leading provider of airfreight services in Finland and currently ranked by IATA as number two in the country for volume.

“The acquisition of Nyström continues our expansion in the Nordics, where the focus is to build on the significant growth achieved in 2008,” said Chris Price, managing director for Agility’s European Area North. “It also clearly shows that Agility follows its long-term strategic goals independently of the economic difficulties the industry currently faces

Nyström will be rebranded to Agility. There are no job cuts planned as a result of the merger. The company will continue to be managed by the existing chief executive officer, Jan-Eric Skogster.