Christopher Smith, Chief Executive Officer of DB Schenker, Middle East & Africa
DB Schenker and Aramex sign a Strategic MoU
The partnership aims to accelerate expansion ambitions in Abu Dhabi and the MEA region
- MoU will focus on driving forward collaborations in freight forwarding solutions in Abu Dhabi and the region
- The partnership is in line with Aramex’s strategy of diversification and strengthening leadership position in core markets across its various business lines
- Aramex will benefit from DB Schenker’s extensive global network and industry experience across multiple vertical markets
- DB Schenker will benefit from Aramex’s strong reputation and deep expertise, and network in Abu Dhabi, and the wider MEA region
DB Schenker and Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions today announced the signing of a strategic Memorandum of Understanding (MoU) with the aim to drive forward synergistic opportunities in supply chain solutions across multiple critical industries to and from Abu Dhabi and the wider MEA region.
By leveraging DB Schenker’s extensive global experience in specialized freight forwarding solutions across multiple industries, the partnership will seek to further boost Aramex’s capabilities and offerings in the region, including, but not limited to, the aerospace, defense, infrastructure, and healthcare industries. Conversely, by teaming up with Aramex and capitalizing on its strong brand identity, leadership position, deep knowledge and expertise in the region, DB Schenker will be able to expand its presence more comprehensively in Abu Dhabi, a strategic and growing trade and logistics hub in the MEA region.
Commenting on the MoU, Othman Aljeda, Chief Executive Officer of Aramex, said: “This is a very exciting strategic partnership that has the potential to unlock more value for existing customers while also enabling us to realize our commercial and diversification goals. Over the several years, we have been strategically focused on enhancing our core freight forwarding business through investment in technologies and expanding on the ground operations with the intention of enhancing our capabilities, capturing greater market share in core markets and diversifying our customer base by penetrating new industry verticals. By joining forces with DB Schenker, a global logistics company we regard as truly complementary to ours in the region, we will accelerate the realization of our goals in the freight forwarding business. Our alliance will enable Aramex to become a stronger, more competitive player in the sea and air freight forwarding services in Abu Dhabi and other core markets. While we are working on the partnership agreement and will update the market in due course on our final agreement, on behalf of the Aramex team, I look forward to working alongside the DB Schenker team.”
Christopher Smith, Chief Executive Officer of DB Schenker, Middle East & Africa, said: “At DB Schenker, we recognize the immense opportunities emanating from Abu Dhabi and the MEA region. We believe our alliance with Aramex was a natural choice given their history, expertise, knowledge, and extensive network in the region. I am confident that together, we will be able to grow our footprint in Abu Dhabi and the wider MEA region. We are excited about this expansion plan, and we look forward to realizing synergies and scaling our operations in the region to serve our existing major accounts and new potential clients more comprehensively.”
To read the full press release, please click here.
View this video to get a glimpse of DB Schenker in the Middle East and Africa region!
If you would like to explore business opportunities in Middle East and Africa, please get in contact with us. We look forward to receiving you call/e-mail.