Kuehne+Nagel rises after long-term Amazon collaboration deal

Kuehne + Nagel International AG

21/09/2026 07:52

** Shares in Kuehne+Nagel KNIN.S are seen up 4.7% in pre-market trade after the Swiss logistics group announced a long-term strategic collaboration with Amazon
** Kuehne+Nagel says the deal includes Amazon Web Services, covering cloud infrastructure logistics from construction and equipment deployment to maintenance, upgrades and expansion projects
** Brokerage Vontobel says the agreement highlights Kuehne+Nagel's "strong and growing position" in profitable data centre infrastructure logistics
** It says the expanded relationship is likely to further accelerate growth in Kuehne+Nagel's data centre business
**  The collaboration is supported by a call option on existing Kuehne+Nagel shares, with vesting based on commercial milestones and services over up to seven years
** Up to the previous session's close, shares were up 26%​ YTD


 (Reporting by Basile Day)
 ((Basile.Day@thomsonreuters.com))