Dubai firm Parzel 'zip's up' express acquisition
Courier and logistics firm Parzel has announced the completion of its acquisition of Zip Express & Logistics, one of the fastest growing courier and logistics companies in the UAE.
Zip Express has been in operation within the UAE, providing a range of domestic and international delivery services and Import Express shipping to 120 countries.
Operating under the Parzel brand name, the acquisition is expected to create a new and dynamic partnership for the region.
Obaid Al-Qahash, managing director at Parzel said: “This acquisition presents a significant moment in our development within the UAE. Zip Express have developed a very successful platform and we are very keen to harness their expertise and make Parzel even stronger as we grow.”