Transportation solution provider, Aramex International has acquired the United Arab Emirates (UAE)’s primary express delivery service provider, Memo Express Services. Jointly the companies’ have a total of 550 employees servicing more than 4,100 clients from 14 offices across the seven emirates, with a 166-large motorcycle fleet, as well as 91 cars and vans.
“The merger will not affect current operating systems at either company, which will operate as separate brands, but we are looking to fully integrate our staff, systems and technological capabilities,” said Chief Executive Officer of Aramex International, Fadi Ghandour.
Employees from both companies are currently undergoing familiarization workshops, to ensure a seamless integration. Management and staffing levels will remain unchanged and the integration of internal systems will offer customers a comprehensive intra UAE parcel service. In addition, the deal will allow for greater price and service combinations through the best product mix in the market today.
The Aramex operation in the UAE is managed from its Dubai hub, providing the Middle East and Indian Subcontinent with express package delivery, freight forwarding and logistics. Aramex UAE forms part of Aramex International’s network, servicing more than 250 countries around the world. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
