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DSV Panalpina to acquire South Africa’s Globeflight

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Logistics Update Africa
DSV Panalpina to acquire South Africa’s Globeflight

DSV Panalpina will acquire Globeflight Worldwide Express, a South African based courier company. The acquisition includes all Globeflight’s operations in South Africa and Swaziland and boosts DSV Panalpina’s presence in the small express parcel courier sector.

The transaction is consistent with DSV Panalpina’s global strategy of growth through acquisition, and Keith Pienaar, CEO of DSV South Africa, is very content with the new capabilities the acquisition will bring to DSV Panalpina in South Africa. “This transaction will strengthen DSV’s presence in the express and small parcel sector. It will leverage the investment DSV has made in infrastructure and systems, so we’re looking very much forward to welcoming Globeflight to DSV Panalpina.”

 

https://www.logupdateafrica.com/dsv-panalpina-to-acquire-south-africas-globeflight-supply-chain

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