Aramex acquires 25% stake in WS One Investment

Dubai – Mubasher: Logistics and transport provider Aramex said Wednesday that it acquired 25% of WS One Investment’s shares for AED 9 million.

The takeover agreement aims at enhancing the e-commerce business of the Dubai-based courier and supporting its mission to revitalize cross-border trade.

WS One is an UAE company that provides cross-border mailbox consolidation services. 

Mubasher Contribution Time: 20-Jan-2016 06:31 (GMT)