DHL Group announced that DHL Supply Chain will acquire Colombian logistics company Open Market, strengthening its logistics capabilities in the life sciences and healthcare sectors. The acquisition will add a transportation network comprising 21 warehouses and company-owned vehicles, with the aim of expanding its operating base in Colombia.
DHL Group announced that DHL Supply Chain has agreed to acquire Colombian logistics company Open Market. The acquisition price was not disclosed, and the transaction remains subject to completion of the formal procedures.
Open Market owns 21 warehouses in Colombia and operates a transportation network using its own vehicles. DHL will expand its operating base in the country by incorporating these warehouses and transportation capabilities.
Through the acquisition, DHL plans to strengthen its logistics capabilities, particularly in the life sciences and healthcare sectors, including pharmaceuticals.
Open Market was founded in 1984, and the acquisition is expected to strengthen services in Colombia, with a focus on pharmaceutical logistics.