Monday, June 24, 2013

FedEx to acquire Supaswift giving in a foothold into Southern Africa

Supaswift South Africa logo

(Ventures Africa) - FedEx Corporation announced Thursday June 20, that it has finalized the first phase of a strategic acquisition of businesses run by its current service provider Supaswift Pty Ltd., in Malawi, Mozambique and South Africa.

FedEx is also in talks to buy Supaswift’s operations in Botswana and Namibia. Once acquired, these operations will operate under the FedEx Express business unit.

“…FedEx Corp will have direct access across the seven

More details here...

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