Danzas AEI Emirates, a freight forwarder, is now entirely under the management of DHL Global Forwarding (DHL).
Prior to the complete acquisition, DHL held 40 percent of the UAE-based forwarder, with Investment Trading Group—whose parent company is the Al Tayer Group—owning the remaining 60 percent.
According to DHL, the Middle East, the Gulf Cooperation Council (GCC), and the United Arab Emirates will all see faster growth as a result of Danzas’ complete integration.
Tim Scharwath, chief executive of DHL Global Forwarding, Freight, said, “Our close and trusted partnership with the Investment Trading Group over many years has taken Danzas to new heights and strengths.
“We are proud and grateful about what we have achieved together. As DHL continues on its expansion trajectory across the region, a merger of both organisations will create a winning proposition for customers in the region, driving efficiency and sustainability.”
Matar Humaid Al Tayer, vice chairman and board member of Al Tayer Group, added, “Dubai has developed into an important logistics hub in recent years.
“As Dubai and the GCC continue to develop economically, we believe that fully integrating Danzas into the DHL network will unleash the potential necessary to become a truly leading logistics provider in the region.”
Danzas’ personnel will be relocated to the German postal and logistics corporation, which will operate under the DHL brand going forward.
Al Tayer claims that the business has a warehousing capacity of more than 240,000 square meters and provides brokerage services for roads, sea, air, and customs.
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