At Kuehne+Nagel International AG’s 2025 AGM, held on 7 May, all proposals were approved by a majority of the 80 per cent of shareholders present, including a gross share dividend.  

The shareholders approved the company’s status report, its financial statements, consolidated financial statements and the annual financial statements, all for the 2024 business year. 

The AGM also approved the distribution of a gross dividend of CHF 8.25 (€8.79) per registered share.  

All persons proposed for re-election were confirmed for another term of office, in addition to Tobias Staehelin being newly elected to the Nomination and Compensation Committee. 

Dr. Joerg Wolle was confirmed as Chairman of the Board of Directors for another term of office.  

In more positive news for the logistics giant, Kuehne+Nagel celebrated the 250,000th outbound order line from its Wittenburg, Germany fulfillment centre. 

This equates to more than 49,500 shipments since it took on the role of global 3rd Party Logistics (3PL) warehousing solution for the largest warehouse of Siemens Gamesa, in early 2024.  

The shipments by Kuehne+Nagel under this arrangement focus on spare parts for wind turbines.

Kuehne+Nagel Germany, SVP Contract Logistics, Daniel Becker, said: “We are grateful to support Siemens Gamesa with our after-market solutions and contribute to the renewable energy sector, which is a key element of our Roadmap 2026.”

The 21,000 square metre fulfilment centre at Wittenburg is part of the new set-up that Siemens Gamesa has introduced for the global distribution of spare parts.  

As part of a major reorganisation of its spare part logistics, Wittenburg has been established as a dedicated site, which includes to forward stocking locations in Sweden and France, both operated by Kuehne+Nagel. 

The logistics giant keeps expanding with its latest senior appointment.