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Panalpina Acquires Its Long-time Egyptian Agent Afifi
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Panalpina acquires its long-time Egyptian agent Afifi
Panalpina acquires its long-time Egyptian agent Afifi
May 29, 2015
Switzerland-based supply chain solutions provider Panalpina is to acquire its Egyptian agent Afifi, a highly respected family-owned company specializing in freight forwarding, customs clearance and logistics. The move is an important step in Panalpina’s continued strategic expansion in growth economies, in particular in the Middle East and Africa. Afifi has been Panalpina’s agent in Egypt for the last 20 years.
(Photos by donvictorio / Shutterstock.com; only for use in conjunction with this media release)
“Egypt has a lot of potential for us,” says Peter Triebel, Panalpina’s regional CEO for the Middle East, Africa and CIS. “By uniting with our long-standing partner Afifi, we will increase our foothold in this attractive market and lay a strong foundation for growth. Afifi has a solid customer base in Egypt, as well as a strong track record and reputation in local customs brokerage and projects work.”
About Afifi
Más información sobre este producto consulte en: http://www.panalpina.com/www/global/en/home/news_media/latest_news/15_05_29.html
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