Barloworld Logistics, supply chain management subsidiary of industrial multinational Barloworld, announced a major growth initiative by acquiring Dubai-based Swift Group and its affiliates in the Far East, India, UAE, Africa and Germany.
The acquisitions will catapult Barloworld Logistics into the global logistics arena, especially with regard to multimodal transport solutions, with several niche services and logistics activities between South East Asia, the Indian subcontinent, Europe and Africa. The Swift group is privately held and has grown an international network specializing in distinctive logistics solutions and services. In its 19th year of operation, Swift is a leader in global transportation and logistics, with well established services between South-East Asia and Western Europe and a number of innovative freight logistics solutions specific to African Markets. Swift employs 700 employees in its 46 offices in 21 countries, spanning the Middle East, Far East, the Indian subcontinent and Africa. The acquisition will include the marketing operations of one Swift’s business partners in Germany, which has been responsible for the commercialization of sea-air combined transport, operating from the Far East and the Indian Subcontinent via the UAE to various destinations in Europe.
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