DHL completed the acquisition of MNG Kargo.

DHL, an American-founded German logistics company providing courier, package delivery and express mail services, completed the acquisition of MNG Kargo, a Turkish parcel delivery company. Financial terms were not disclosed. “MNG Kargo’s expertise in parcel courier services combined with its extensive domestic network will help us to further expand our service offering in Turkey and enhance our strong cross-border European parcel network. We extend a warm welcome to our new colleagues and look forward to leveraging the tremendous e-commerce potential in the country and beyond together,” Pablo Ciano, DHL eCommerce Chief Executive.