DHL Global Forwarding, the specialized freight arm of DHL Group, has completed its full acquisition of shares in Dubai-based freight forwarderDanzas AEI Emirates, according to a statement. The integration is set to streamline logistics services for clients in the UAE, GCC, and broader Middle East and Africa, in addition to bolstering DHL Global Forwarding’s regional expansion.

REMEMBER- DHL Global Forwarding and Investment Trading Group (ITG) inked an agreement back in October to buy out ITG’s remaining 60% stake in Danzas, giving DHL full ownership of the company.

More details: Danzas, a logistics and transport services provider for Dubai and the Northern Emirates, has been managed via a DHL and ITG joint venture since its founding in 1995. The outfit will now be integrated into DHL and will carry out its operations under the DHL brand. The acquisition will see the transfer of 1.1k skilled logistics experts and over 20 facilities to DHL Global Forwarding.

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