AFL & Dachser join hands

AFL and Dachser join hands to set up India’s most global cargo company Kempten/Mumbai. AFL, India’s leading logistics & express service provider, has hived off its Cargo division into a joint venture with DACHSER GmbH & Co KG, one of the largest logistics groups in the world.
The new company is called AFL DACHSER Pvt. Ltd., and the partners each have a 50 percent stake. AFL DACHSER will have 495 employees based out of 30 branches in India. It will be headquartered in Mumbai.
The board members of the new Company are AFL chairman and managing director Cyrus Guzder, AFL director Farokh Guzder and Dachser managing directors Bernhard Simon and Thomas Reuter, while Detlev Janik, incumbent 'Global Head - Cargo', AFL, has been appointed CEO of the new joint venture Company.
27/04/07 Fibre2fashion.com

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Categories: Cargo Apr 2007