image description
image description
Tell A Friend

FinancialNews


  • 09-12-10

    Aramex finalizes key acquisions, JVs

    (MENAFN) Dubai-based Aramex has announced a series of strategic acquisitions and partnerships in Turkey, Malaysia, Bangladesh and Vietnam, Reuters reported. The company has increased its shareholding to 100 percent in Aramex Turkey, previously a partially owned subsidiary that has performed strongly in the country, achieving continuous annual growth to date. This acquisition positions Aramex as a fully committed logistics and supply chain provider in Turkey, allowing the company higher levels of flexibility to expand its presence and carry on further investments in the world�s 16th largest economy, which registered average annual real GDP growth of six per cent between 2003 and 2008. Aramex also announced the acquisition of a majority stake in Avanti, a leading express courier company in Malaysia, providing the company with a platform to enter the country�s expanding logistics and supply chain sector.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved