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DHL bought all shares of MNG Kargo, one of Turkey’s leading cargo companies

DHL group MNG Kargo

DHL Group signed an agreement to purchase all (100 percent) shares of MNG Kargo, one of Turkey’s leading cargo companies.

DHL Group, one of the leading companies in the global logistics industry, signed an agreement to purchase all the shares of MNG Kargo. With the Realized Sales agreement, MNG Cargo, which will benefit from the international logistics expertise and global network of the DHL Group, will become a part of the DHL e-commerce unit and complete the DHL e-commerce European cargo delivery network.

President of the Presidency Investment Office Burak Dağlıoğlu, who made an evaluation about the purchase, said, “Turkey is a regional center in the logistics sector with its growing economy, strategic location, competent workforce and established transportation infrastructure. The cargo volume in our country is increasing day by day with the double-digit growth achieved in e-commerce. “This acquisition of DHL, one of the most important players in the sector, in the Centenary of our Republic, also demonstrates our country’s belief in its potential and its increasing appetite for investment. Improving the investment environment of our country and increasing International direct investments under the leadership of our President is one of our most important goals,” he said.

DHL Group CEO Tobias Meyer said, “Besides sustainability, globalization and digitalization, we have defined e-commerce as a megatrend in logistics and made it an area of ​​focus in the 2025 DHL Group Strategy. E-commerce continues to be one of the biggest growth factors for the logistics industry and especially for cargo volumes. Therefore, we are constantly working to expand our footprint in the e-commerce sector with organic and inorganic growth strategies. MNG Cargo will complement our business portfolio and help us further expand our established network in this sector.”

Pablo Ciano, CEO of DHL eCommerce, said, “At DHL eCommerce, our aim is to provide our customers with reliable, accessible and sustainable e-commerce delivery services. The backbone of this strategy is our extensive network, digital expertise and competencies, which we operate ourselves or through partnerships. MNG The acquisition of Kargo will strengthen our established network and help us bring our global customers together with the Turkish market,” he said.

MNG Cargo CEO Kağan Gündüz said, “As MNG Cargo, we aim to further improve the quality of service we offer to consumers, by taking the global knowledge and technology experience of DHL Group behind us, and to create even more employment with capacity increase investments. Our country aims to create sustainable supply of international manufacturers. chain has become the focus of strategies and the development of our industry will continue without slowing down.” The transactions will be completed with the approval of the Competition Authority and the Information and Communication Technologies Authority.