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Aramex acquires two companies in Kenya

/ 15 February 2011

DUBAI - Aramex, the global logistics and transportation solutions provider, on Monday announced two key acquisitions in Kenya, underscoring the company’s commitment to expanding its footprint in emerging markets, including strengthening its coverage in Kenya and the wider East Africa region.

 Aramex has acquired OneWorld Courier, a leading Kenyan courier and freight operator serving the domestic market, East Africa and a wide range of global destinations, and In-Time Couriers, a Nairobi-based domestic delivery firm established in 1995.

Through these acquisitions, Aramex will establish a strong presence in one of Africa’s key markets, with a population in excess of 40 million and the largest economy in East and Central Africa.

“We are extremely pleased to announce these two significant acquisitions in Kenya, which position Aramex to introduce its full suite of products and services to the wider East Africa region,” said Hussein Hachem, Aramex CEO for Middle East and Africa.

 “Aramex continues on its accelerated expansion drive in a range of emerging markets, particularly in Africa and Asia, and looks forward to making further announcements in this regard throughout this year.”

 business@khaleejtimes.com

 
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