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FedEx acquires Supaswift businesses in Southern Africa

Staff writer |
FedEx Corp. said its FedEx Express subsidiary has completed the acquisition of Supaswift businesses in South Africa and Botswana, Malawi, Mozambique, Namibia, Swaziland and Zambia.

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The acquisition process began in June 2013. 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.

As of today, FedEx Express is offering 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.

The acquisitions provide FedEx Express access to an established regional ground network and extensive knowledge of the Southern Africa region.

Supaswift started operations in South Africa in 1990. In 2005, Supaswift merged with MyExpress (Pty) Ltd., which had been offering FedEx Express international services in Southern Africa since 1991.


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