Zim's announced the purchase of the partners' shares (50%) in "Daphna Weissman & Lavy Ltd." logistic services company.

"Daphna Weissman & Lavy Ltd." Is one of the senior and well-known company in the forwarding and custom-clearing field in Israel.

With the completion of the purchase, Zim fully owns "Daphna Weissman & Lavy Ltd.". This step is a direct continuation of the company's strategy of intensifying and diversifying the logistic services rendered to its customers in line with the "supply chain" of their essential services. Furthermore, the company will continue to develop this strategy in order to encompass additional logistic services in Israel and abroad as part of its long-term policy.

"Daphna Weissman & Lavy Ltd." will operate in the international markets with the help of the giant company "Exel" which specializes in various fields of logistics services. "Yamit -Albany", also fully owned by Zim, has already been cooperating with Exel for several years.

The purchase awaits approval of the General Director of Anti-Trust Authorities.

This case is one more following the tendency of main worldwide Container Shipping operators which started or increased their participation in logistics and intermodal services (more comments on transportando.net news 16/01/02)