Freight News, Air, Logistics, Business, Forwarding

DSV completes Globeflight purchase

[ May 7, 2021   //   ]

DSV Panalpina has completed acquisition of South African-based courier Globeflight after competition authorities approved the deal, which was initially announced in December 2020. The acquisition includes all Globeflight’s operations in South Africa and Swaziland. The combined business will have about 4,000 employees serving around  12,000 customers across Southern Africa. The estimated 11 million courier shipments would represent an increase of 30% in volumes for DSV Panalpina in South Africa.