FedEx Corp on Friday announced that its FedEx Express subsidiary had acquired Supaswift businesses in South Africa and six other countries - namely Botswana, Malawi, Mozambique, Namibia, Swaziland and Zambia.
These acquisitions represent the latest step in the company’s strategy to grow its African network and service offering, a spokesman said.
Supaswift started operations in South Africa in 1990. In 2005 it merged with MyExpress which had been offering FedEx Express international services in southern Africa since 1991.
Express major announces acquisition
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