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Aramex

Dubai listed firm Aramex acquired South African firm for $55 million

Aramex, a Dubai-based logistics firm, has acquired Berco Express, a South African logistics and transportation firm, for $55.5 million.

Established in 1982 and traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company in Dubai employing more than 9,000 people.

(Fadi Ghandour, founder and CEO of Aramex is an active angel investor from the Middle East. More details about his investment firm "MENA Venture Investments" can be found in the Middle East Investors Directory under the code SINX1)

More details follows

Filed under Aramex, Dubai Investors, Fadi Ghandour, MENA Venture Investments

Dubai listed Aramex acquired Irish freight forwarder

Dubai-listed logistics firm Aramex has announced the acquisition of Ireland-headquartered Aquaship Agencies, a liner agent and freight forwarder.

This acquisition in Ireland is the latest in a series of recently formalized international partnerships and acquisitions by Aramex, including in Turkey, Malaysia, Bangladesh, Vietnam and Kenya.

Their full release follows

Filed under Aramex, Dubai Investors, UAE Investors

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Aramex in the Middle East Investors Directory

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