DSV Panalpina completes acquisition of Globeflight
DSV Panalpina completes the acquisition of South African-based Globeflight Worldwide Express after the relevant competition authorities have approved the details in the agreement. The deal was initially announced in December 2020.
Panalpina Perishables Network expands to South Africa
Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.