dnata has strengthened its position in the UAE and international freight forwarding industry by increasing its ownership in two of its joint venture companies in Dubai.

According to dnata, it has purchased a 50% stake in Dubai Express, Freightworks LLC and a 25.5% stake in Bolloré Logistics LLC, UAE from Kanoo Group LLC. As a result of the transaction, dnata is now the sole owner of Dubai Express, Freightworks LLC and holds a majority stake of 51% in Bolloré Logistics LLC, UAE.

The current leadership teams will continue to manage the business and operations of the companies.

“As one of the world’s leading cargo service operators, dnata offers a comprehensive product portfolio, including a broad range of logistics and freight forwarding services, to fully meet the diverse needs of customers,” said Bernd Leo Struck, senior vice president of UAE cargo and DWC airline services at dnata and chairman of Freightworks and Bolloré Logistics LLC. “This strategic investment underlines dnata’s commitment to the freight forwarding industry and its growing importance. We are driven to provide superior services to the regional market as well the worldwide network of Bolloré Transport & Logistics as their regional partner. We thank our previous joint venture partner, Kanoo Group, for their long-standing partnership with dnata which lasted for over 30 years.”

Freightworks, operating under the licence of Dubai Express LLC, was established in 1976 and provides international multimodal freight forwarding, logistics and supply chain services, including 3PL and 4PL solutions, customs compliance, project cargo planning, AOG/aircraft parts and ship spares logistics, as well as full-service handling of events and exhibitions. The company also provides commercial and private removal services to local and international origins and destinations, including a white-glove fine art division.

Bolloré Logistics specializes in international freight forwarding and transportation and has operations in 106 countries. Its offering includes multimodal transportation, customs and compliance services, supply chain management and the management of industrial projects. Bolloré Logistics LLC, UAE will continue to be operated as an integrated part of Bolloré Transport & Logistics, according to dnata.