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DSV Panalpina acquires South African-based courier company Globeflight Worldwide Express

DSV Panalpina has acquired Globeflight Worldwide Express, a South African based courier company. The acquisition includes all Globeflight’s operations in South Africa and Swaziland and will immediately be able to fortify DSV Panalpina’s presence in the small express parcel courier sector. The acquisition is consistent with DSV Panalpina’s global strategy of growth through acquisitions while at the same time being a strategically important step for DSV Panalpina to serve customers in the growing express and small parcel market in South Africa. “The acquisition of Globeflight constitutes a great match for DSV in South Africa while at the same time tapping into our global M&A strategy. Both have a culture that is performance-driven and customer-centric and the client fit is complementary and provides room to grow. DSV Panalpina’s courier business typically centres on larger clients, while Globeflight’s strength is in the express and small parcel market with a particular e

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