Dimerco Express Group, Elanders joint venture for air/sea forwarding
DIMERCO Express Group is to set up a joint venture with 25 per cent investment in the newly formed German subsidiary of Swedish public company Elanders Group, ITG Air & Sea GmbH
01 January 2020 - 19:00
ITG Air & Sea GmbH is a spin- off of ITG GmbH Internationale Spedition + Logistik (ITG), which was launched on November 1, enabling ITG and its parent company Logistics Group International (LGI) to focus on its core competencies, offering a more enhanced integrated logistics service. Both ITG and LGI are part of the Elanders Group.
Dimerco said in a statement that it has 'enjoyed a successful business partnership with ITG for over 25 years. This latest strategic investment will strengthen mutual cooperation and will increase Dimerco's ability to serve customers better, as well as expanding business by leveraging German based LGI and ITG, and Swedish based Elanders's logistics capabilities to advance its global presence.'
Moreover, Elanders Group will be able to improve service capability across Dimerco's network in Greater China, Asia Pacific, India and North America, spanning 160 locations. In addition, Dimerco Value Plus System will enhance its service capability to grow the business further.
Dimerco's newly restructured Business Intelligence Technology (BIT) Division now focuses on the development and application of the Dimerco Value Plus System which operates on web.3.0 cloud network and offers the mobility to operate and service customers in any location and at any time with an internet connection.
This rapid and comprehensive improvement of artificial intelligence technology, application of big data and semi-automation technology in the Internet+ environment underpins the re-positioning of the company as a 'mobile intelligence logistics service provider.'
Headquartered at Schwaig near Munich Airport, ITG is a logistics service provider with 12 branches and seven centres in Germany, the Netherlands, US and Russia, to provide customized service to clients across the fashion, textiles, cosmetics, lifestyle and luxury brands sectors.
Elanders is a Swedish public company, and with its subsidiary LGI, offers integrated and customized solutions for handling all or part of the customer's supply chain. Elanders can also take responsibility for complex and global deliveries that include purchasing, storage, configuration, production and distribution.
The company has 7,000 employees in 20 countries on four. Significant markets are China, Germany, Singapore, Sweden, the United Kingdom and the US.
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