DHL Global Forwarding completes the integration of Danzas AEI
24 / 01 / 2024
Source: DHL Global Forwarding
DHL Global Forwarding has finalised its takeover of Danzas AEI Emirates, with all facilities now rebranded to DHL.
The forwarder first announced the takeover of its partner in October last year.
Before the takeover, DHL had owned 40% of the UAE-based forwarder with the remaining 60% owned by Investment Trading Group, which is in turn owned by the Al Tayer Group.
DHL said the full integration has seen it add 1,100 employees and more than 20 facilities.
The facilities are located across Dubai and the Northern Emirates, with key sites in Jebel Ali Freezone, Dubai World Central (Al Maktoum International Airport), and Dubai Airport Free Zone, including the latest station in Ras Al Khaimah.
“This will result in more efficient and seamless logistics services for customers in the UAE, GCC, and Middle East and Africa region,” the forwarder said.
In 2022, DHL Group generated a revenue of €4.2bn in the Middle East and Africa region.
Amadou Diallo, chief executive of DHL Global Forwarding Middle East, and Africa, said: “Our integration with Danzas AEI Emirates paves the way for strengthened logistics operations in the GCC and MEA.
“This acquisition will allow us to marry the best of both worlds – DHL’s global expertise with Danzas’ local heritage to foster innovation and sustainability, and create value for our customers, employees, and stakeholders.”
According to Al Tayer, Danzas AEI Emirates offers air, ocean, road and customs brokerage services and has warehousing capacity exceeding 240,000 sq m.
Customers are a mix of local businesses and global multinational organisations across technology, automotive, aviation, engineering, FMCG, life sciences, government, retail and energy.
