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DHL, Lemuir consolidate business in India

MUMBAI: DHL and Lemuir Group, pioneers in the Indian logistics industry, on Thursday announced that Deutsche Post World Net and Lemuir have planned to consolidate their joint venture which would be named DHL Lemuir Logistics Pvt. Ltd. in India. Deutsche Post World Net will hold 76 per cent stake in the JV with 24 per cent being held by Lemuir. The venture will combine the businesses of DHL Danzas Lemuir Pvt. Ltd. and Exel India Private Limited, according to a release. DHL in India also comprises DHL Express and Blue Dart, which will continue to operate as independent business units.

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