Logistics

Logistics and shipping magnate in power struggle over Lufthansa board seat

Klaus-Michael Kühne, who controls logistics group Kuehne + Nagel and is a major shareholder in carrier Hapag-Lloyd and airline Lufthansa, seeks to increase his control on the board of Lufthansa. A power struggle is incoming, reports German media.
Klaus-Michael Kühne, major shareholder at Kuehne + Nagel, Lufthansa and Hapag-Lloyd. | Photo: Christina Sabrowsky/AP/Ritzau Scanpix
Klaus-Michael Kühne, major shareholder at Kuehne + Nagel, Lufthansa and Hapag-Lloyd. | Photo: Christina Sabrowsky/AP/Ritzau Scanpix
by JENS THOMSEN

German business tycoon Klaus-Michael Kühne, who controls the world’s largest logistics group, Kuehne + Nagel, is facing a showdown on the board of airline Lufthansa, where he is also a major shareholder.

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