Danzas, the logistics subsidiary of Deutsche Post World Net, and Lemuir Group officially signed the joint venture agreement to form a new entity called Danzas Lemuir Pvt Ltd in India.
The new company, in which Danzas and Lemuir Group hold 49% and 51% stake respectively, is the result of a long-standing business relationship.
Headquartered in Mumbai, Danzas Lemuir has a combined workforce of 367 in a total of 15 offices and warehousing facilities covering Mumbai, Goa, Pune, Ahmedabad, Vadodara, Aurangabad, Delhi, Agra, Moradabad, Kanpur, Ludhiana, Kolkata, Chennai, Hyderabad and Bangalore.
Under the agreement, Danzas Lemuir will provide businesses across India with an easy access to a full portfolio of one-stop supply chain solutions including air and ocean freight, LCL (Less than Container Load) consolidation to and from India, and customs clearance. The key markets are Automotive, Healthcare, Electronics and Fast Moving Consumer Goods. Customs clearance and warehousing & distribution services will be provided through close cooperation with Lee & Muirhead Ltd (Lemuir Group).
Snehal Parikh, Managing Director of the Lemuir Group will be the Chairman under the joint venture, with Trevorlyn Menezes from Danzas as Chief Executive Officer.
Danzas Head of Intercontinental Asia-Pacific, Mr. Thomas Nieszner said: "The partnership marks a significant milestone for Danzas in India. By combining the outstanding strengths of both companies, Danzas Lemuir clearly has a premier position in this important emerging market to better serve the needs of India businesses and beyond."
Chairman of Lemuir Group, Mr. Arvind Parikh added: "The joint venture will place Lemuir’s experience and success of over 50 years on a new platform for international transportation and integrated logistics. We are excited at the prospect of bringing enhanced service offerings to our customers in India and across the globe."
The India rupee 3 billion (Euro 60 million) Lemuir Group, through its flagship Lee & Muirhead Ltd and Lemuir Air Express, provides services for air and ocean freight, custom clearance, warehousing & distribution, project forwarding and other related services. With its 50 offices and over 1000 professionals across the country, the Group is the foremost logistics provider in India.
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