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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Dubai Courier Firm Aramex Buys Florida MyUS for $265 Mln

Aramex United States ADQ Florida Abu Dhabi e-commerce
An employee walks at the distribution warehouse unit at the Aramex Emirates head offices and freight and logistics facility at Dubai Logistics City in Jebel Ali April 10, 2012. REUTERS/Jumana El Heloueh/File Photo

Dubai-listed courier firm Aramex said on Wednesday it had bought Florida-based e-commerce company Access USA Shipping LLC (MyUS) for about $265 million in an all-cash deal.

The transaction, after having obtained all the necessary regulatory approvals, marks Aramex’s largest acquisition to date, it said.

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