FedEx acquires Supaswift businesses in Southern Africa
FedEx Corp announced that its FedEx Express subsidiary has acquired Supaswift businesses in South Africa, 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. FedEx Express now has direct access across the seven countries to 40 facilities and over 1,000 team members, who join the ranks of more than 300,000 FedEx team members globally. FedEx Express now offers a complete suite of export, import and domestic solutions across Southern Africa, connecting the region to more than 220 countries and territories worldwide, enhancing customers' business flexibility and speed to market.
Supaswift started operations in South Africa in 1990, then merged with MyExpress (Pty) Ltd in 2005. The latter company began offering FedEx Express international services in Southern Africa in 1991.