Media ININ Economy We Trust
06-02-2019 Media in\Dubai
Dnata, one of the world’s largest air service providers, has announced that it has raised its stake in two companies in Dubai, which will strengthen its position in the shipping industry locally and globally.
Dnata bought a 50 per cent stake in Dubai-based Freetronics LLC and 25.5 per cent of the Panor Group Logistics LLC of the Kanoo Group, with Dnata owning Dubai Express in its entirety. Has raised its stake in Ballor Logistics WLL to 51 percent and the current leadership teams continue to manage the business and operations of the two companies.
“Dnata, one of the world’s leading shipping companies, provides a comprehensive portfolio of products including a wide range of logistics and shipping services to meet the diverse needs of customers,” said Bernd Leo Strok, Senior Vice President, Dnata Shipping Services and Air Transport in the UAE and President of Freetronics and Pulor Logistics. .
“This strategic investment underscores Dnata ‘s commitment to the shipping industry, its growing importance and its continued delivery of superior services to the regional market, as well as the Bolur & Transport global network as a regional partner.
Founded in 1976 and operating under license from Dubai Express LLC, Freetronics is an international freight forwarding, logistics and supply chain management and logistics company in Dubai. In addition to a wide range of transport and logistics solutions, Freetworks includes compliance Customs, cargo planning, transportation of aircraft and ship parts, and providing full services to various events, events and exhibitions. The company also provides commercial and private transport services for local and international assets and destinations including the “White Glove” section of the Fine Arts with linking the supply chain requirements to customers through its network of partners All over the world.
