DHL Global Forwarding to acquire Danzas AEI Emirates from Investment Trading Group and Al Tayer Group.

DHL Global Forwarding, a freight forwarder company, agreed to acquire Danzas AEI Emirates, a third-party logistics provider, from Investment Trading Group and Al Tayer Group. Financial terms were not disclosed. “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 organizations will create a winning proposition for customers in the region, driving efficiency and sustainability,” Tim Scharwath, DHL Global Forwarding CEO.