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Imports and Exports
Customs
Logistics

SA-founded logistics business a sound acquisition says buyer

13 May 2016 - by Staff reporter
Tiger Wessels, the SA founder of UTi
Tiger Wessels, the SA founder of UTi 
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The marriage between US-based DSV Global Transport and Logistics and the originally SA-founded UTi is proving a sound affair, and no skeletons were revealed after the January completion of the takeover, according to a DSV statement.

The acquired business is expected to be profitable by the third quarter, it added. 

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