DHL enters Saudi logistics market by acquiring AJEX

DHL enters Saudi logistics market by acquiring AJEX

DHL enters the Saudi logistics market by receiving AJEX

News

Arabic

  • German logistics company DHLE Commerce, DHL Group’s e -commerce logistics expert, has accelerated Saudi Parcel Logistics Company Ajax for unknown price.
  • Ajax, which was founded in 2021 and supports Ajlan & Bruce Holding, with the presence of Express Distribution, e -commerce services, and road freight, with presence in Saudi Arabia, United Arab Emirates, Bahrain, the United States, and sea and The customer offers a concentrated solution to the airright. Britain, Turkey, South Africa, and China.

Press Release:

DHLE Commerce, DHL Group’s e -commerce logistics expert, and AJEX logistic services have signed an agreement in which DHL will receive minority shares at Saudi Arabia Parcel Logistics Company. For DHLE commerce, whose main business is domestic parcel transport in selected European countries, the United States and some major Asian countries, the agreement represents the expansion of the rapidly growing Saudi e -commerce parcel market. Although Ajax started its operations only in 2021, it has established itself as an important parcel service provider in the rapidly developed domestic market, with strong growth and a wide distribution network. On this agreement, CEO of DHLE Commerce, Pablo Siano, Executive Vice President in DHL Group, Corporate Development, Yin Zoo, Vice Chairman of Ejalan and Bruce Holding, and Ajlan Bin Mohammad Al Jlan, Executive Vice President of the Corporate Development, and Ajlan bin Mohammed al -Jalan, an executive vice president of Corporate Development, signed the agreement Were Group Managing Director of Ajlan & Bruce Holding.

As a key component of “Our Corporate Strategy 2030 ‘Sustainable Growth’, we are focusing on markets like Saudi Arabia that demonstrate significant growth dynamics and strong economic growth. With a highly encouraging team, and with the help of a highly encouraging and strong customer focus. Taking advantage of our international expertise in parcel operations, we will provide reliable, affordable and sustainable delivery solutions.

“Saudi Arabia works as one of the logistics key pillars, which is dedicated to promoting economic growth and diversifying its industries under Vision 2030. In this context, we are also seeing strong growth in e -commerce. This is resulting in an expansion of the domestic parcel sector. In a partnership with the DHLE commerce, we will be in a well -positioned position to meet this demand in the future, “says Ajlan and Bruce Holding group Managing Director Ajlan Bin Mohammad Al -Jalan.

With 1,500 team members, AJEX provides domestic parcel processing and delivery through a wide network, which includes more than 50 facilities and more than 900 vehicles. Going forward, Ajax will continue to guide the business in partnership with DHLE Commerce, which will not only contribute to its expertise in the international parcel field but also represent the management board. In addition, the DHLE commerce has gained the option of expanding its interest at a majority stake.

With DHLE Commerce, DHL Group will be representing and actively in the market. The DHL first established its presence in Saudi Arabia with its DHL Express Business Unit in 1970. Other divisions have been working in the country for many years, with special services providing contract logistics and freight forwarding solutions.

The contract and sketch partnership is permanent on regulatory approval. This transaction will be implemented only after receiving clearance under relevant legal requirements to control the integration.

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