Agility Forms New South African Joint Venture
Category: Kuwait
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Kuwait-based global logistics provider Agility has announced that it has formed a joint venture in South Africa with Super Group, a Johannesburg-based supply chain management and transportation specialist, after acquiring a minority stake in Super Group’s freight forwarding unit.

SG Agility Proprietary Ltd will be led by Henk Theron, formerly CEO of Micor, Super Group’s freight forwarding business.

The new venture will offer local and multinational customers a range of logistics and supply chain solutions, including air freight, ocean freight, road freight, customs clearance, warehousing, and distribution.

SG Agility will have more than 150 employees. Its head office is Johannesburg, with branch offices located in Port Elizabeth, Durban and Cape Town.

Elias Monem, Agility’s CEO of Middle East & Africa, said: “South Africa is vital to our strategic growth and expansion in Africa. It has well-developed financial, legal, communications and transport sectors, along with an open trade policy and a comparatively strong domestic market. The joint venture with Super Group is a sign of our commitment to both South Africa and the continent.” 

Theron added: “Partnering with Agility gives our customers access to a leading international logistics provider with a strong global network and a legacy of proven performance.”

Agility continues to expand its Africa footprint, with operations in Egypt, Algeria, Angola, Kenya, Nigeria and South Africa providing logistics services across the continent, including warehousing, freight forwarding, customs clearance and project logistics.

 

SOURCE : ARABIANBUSINESS

08 Jul, 2016 0 362
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