DANZAS AEI BUYS AFRICAN FORWARDERS
Danzas AEI, the third-party logistics subsidiary of Deutsche Post AG, has acquired three forwarding operations from central African logistics provider Walford Meadows International. Terms were not disclosed.
Danzas AEI said it will use the three companies to open wholly owned offices in Zambia and Malawi. A Zimbabwe company will be integrated into Danzas AEI’s existing network in that country.
The acquisitions will expand Danzas AEI’s intra-regional road freight system and will help position the company to seize logistics opportunities stemming from the formation of regional African trading blocs.