In a significant strategic move, DHL eCommerce has announced its acquisition of a minority stake in AJEX Logistics Services, a leading parcel logistics provider based in Saudi Arabia. This investment aligns closely with Saudi Arabia’s Vision 2030, which emphasizes economic diversification and rapid growth in the logistics and e-commerce sectors.
Strategic Partnership and Market Growth
AJEX Logistics, founded in 2021, has swiftly become a prominent player in the Saudi logistics market, operating over 50 facilities and maintaining a fleet of more than 900 vehicles. This partnership will enable DHL eCommerce to enhance its market presence and operational capabilities in the rapidly expanding Middle Eastern logistics and e-commerce market.
Operational Synergies and Expertise
The collaboration is expected to combine AJEX’s robust local logistics infrastructure with DHL’s extensive global expertise in e-commerce logistics. DHL eCommerce will also gain representation on AJEX’s management board, highlighting a long-term strategic commitment, including the option to expand to a majority stake in the future.
Commitment to Long-term Growth
This investment demonstrates DHL’s ongoing commitment to expanding its global logistics network, especially in emerging markets with high growth potential. As e-commerce continues to surge in the region, DHL and AJEX are well-positioned to deliver enhanced logistics solutions, driving efficiency and service excellence in Saudi Arabia.
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