ID :
13505
Wed, 07/23/2008 - 11:54
Auther :

Gulftainer signs joint venture deal with Turkey's Demas International

Sharjah, July 23, 2008 (WAM) - Sharjah's Gulftainer Co. Ltd. has embarked on its latest overseas foray, announcing a joint venture with Turkey's Demas International at a press conference in Istanbul.

The new company will focus on Transport and Logistics and there are natural synergies using the complementary nature of the two partners, combining Demas' Turkish expertise in logistics, trucking and warehousing with Gulftainer's Terminal, port, transport operations and longstanding linkswith various shipping lines.

The partnership also holds future opportunities for the use of these synergies to jointly explore further trucking, logistics, warehousing, freight forwarding and supply chain and inland container depot businesses, both in Turkey and in the wider region, factoring in Gulftainer's international network and contacts with Demas' knowledge of the widerTurkish market.


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