Dachser expands in Asia

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Global logistics provider Dachser has broadened is reach into the Asian market by purchasing the remaining shares of Dachser India from its freight-forwarding partner, Mumbai-based AFL Pvt. Ltd. The transaction makes Dachser the sole shareholder of the company’s operations in India and Thailand, and a majority shareholder in the firms’ joint venture for logistics services in Bangladesh.

From 1996 to 2007, the Germany-based Dachser collaborated in a joint venture with the freight-forwarding arm of AFL to develop regional markets across India, Bangladesh and Thailand. (The logistics, distribution and express businesses of AFL were purchased by FedEx Express in 2011.) In 2011, the company was renamed Dachser India.

In August, Dachser also purchased all of the India and Thailand shares owned by Indglobal, an affiliated company of AFL, and a majority of its shares in Bangladesh.  The moves follow recent investment activity by Dachser in several Southeast and East Asian markets, including Indonesia, Singapore, Thailand, Vietnam, Malaysia, China, and Korea.

Dachser, which has a main office in Mumbai, has approximately 500 employees in 27 locations across India, providing air and seafreight services, as well as contract logistics. The company also has two locations in Bangladesh and one in Bangkok, Thailand.

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