ATLANTA — International logistics provider DACHSER continues to expand its Asia operations by acquiring the remaining shares of DACHSER India from AFL Pvt. Ltd. This acquisition makes DACHSER the sole shareholder of the company’s ventures in India and Thailand, and a majority shareholder of the joint venture in Bangladesh.
The collaboration between DACHSER and AFL Pvt. Ltd., one of the leading Indian logistics companies, began in 1996. In 2007, the companies began developing regional markets in India through a joint venture and established additional organizations in Bangladesh and Thailand. In 2011, the company was renamed DACHSER India.
In August, DACHSER acquired all of the India and Thailand shares owned by Indglobal, an affiliated company of AFL, and a majority of its shares in Bangladesh.