Acquisition: DHL Global Forwarding completes acquisition of Danzas AEI Emirates
By Ibrahima DIALLO
25 January 2024 / 09:39

DHL Global Forwarding, the freight forwarding arm of the DHL Group, has acquired a stake in Danzas AEI Emirates, whose facilities have all been renamed DHL. The complete integration not only brings a logo and name transformation, but also enhances operational capabilities with the transfer of 1,100 logistics experts and ownership of over 20 facilities.

This will mean more efficient and transparent logistics services for customers in the United Arab Emirates, the GCC and the MEA (Middle East and Africa) region.

With this integration, DHL Global Forwarding consolidates its position as market leader in freight forwarding and logistics in Dubai, accelerating the growth of logistics business in the MEA region. In 2022, DHL Group achieved sales of 4,161 million euros in the region.

Amadou Diallo, CEO of DHL Global Forwarding Middle East and Africa, said: "Our integration with Danzas AEI Emirates paves the way for enhanced logistics operations in the GCC and MEA countries. We are proud to continue the Danzas lineage and reinforce its distinction as the leading provider of logistics services in Dubai and the Northern Emirates.

This acquisition will enable us to combine the best of both worlds: DHL's global expertise and Danza's local heritage to drive innovation and sustainability and create value for our customers, employees and stakeholders.

He added: "DHL Global Forwarding has revolutionized the world of logistics through customer focus and excellence, and our integration with Danzas will enable us to extend our reach and support the growth of logistics activity in GCC countries while strengthening regional competitiveness as an economic hub."

Since its creation in 1995 as a joint venture between Al Tayer Group and DHL Global Forwarding, Danzas AEI Emirates has played a key role in the region's development as a global logistics hub.

Following the integration, DHL Global Forwarding will own and operate more than 20 state-of-the-art Danza facilities in Dubai and the Northern Emirates, with key sites in the Jebel Ali Free Zone, the Dubai World Center (Al Maktoum International Airport) and the Dubai Airport Free Zone, including the latest station based in Ras Al Khaimah.

Construction Business News

0 Comments

Newsletter

Videos

There are no upcoming events at this time.
en_USEN