FedEx acquired Africa suppliers to expand the market for Southern Africa

FedEx recently acquired in South Africa and other 4 countries of the supplier Supaswift Company Limited, to further expand the market in southern Africa service range.
The acquisition of the amount not disclosed, including the Supaswift acquisition in all business in South Africa, Malawi, Mozambique, Swaziland and Zambia. At the same time, FedEx in consultation with the Supaswift company, for the acquisition of its business in Botswana and Namibia.
If the Federal Express bought Supaswift in the 7 country business, and to win regulatory approval, Supaswift branch in 7 countries in Africa will in a few months to FedEx's, Federal Express will use Supaswift in 39 processing center Africa 7 countries and 1000 employees, 7 fast through China Express market.
At the appointed time, FedEx will provide a complete set of export, import and domestic express service for South Africa, realize seamless docking of the region and the world 220 countries and regions, improve customer service flexibility, accelerate the customer product listing promotion.
At present, Africa is the world's economic growth faster area, within the next 10 years, average GDP growth rate will reach 6%. Among them, the South African market accounted for 21% of the total GDP in Africa, and the main enterprises in Africa are settled in South africa.
FedEx Express, providing more opportunities to market the world's fastest growing business in Africa will acquire Supaswift docking for customers in Africa, an important step in the international growth strategy, to further enhance the brand effect and service company.
MYEX Minya Express International
2013-08-13