DHL Global Forwarding acquires Danzas AEI Emirates
DHL Global Forwarding (DHL) has now fully acquired Danzas AEI Emirates by buying the remaining shares from Investment Trading Group. Tim Scharwath, CEO, DHL Global Forwarding, said, “This JV, which was started in 1995, saw Investment Trading Group holding 60 per cent of the shares. Our partnership with the Investment Trading Group has taken Danzas to new heights and strengths. We are proud of what we have achieved together.” Following the acquisition, Danzas will be fully integrated into DHL, providing more efficient services to the customers in the UAE, GCC, and MEA region. Danzas will operate under the DHL brand, fostering closer collaboration, synergies, and shared services, including integrated solutions for customers. Existing Danzas employees will become part of DHL.