Panalpina will concentrate its future activities in Nigeria on transport services up to arrival port or airport. All domestic services, including customs clearance, have been discontinued.

The withdrawal from the Nigerian domestic business has proceeded smoothly and according to plan. After the announcement of this step by the Panalpina management in July, intensive discussions with customers, Nigerian investors and employee representatives were held. These resulted in swift implementation of the plans. “It was very important for us to ensure that the discontinuation of the domestic services would have as little impact on customers and employees as possible”, explains CEO Monika Ribar. “I am convinced that we have worked out a solution which meets these expectations”, she continued.

A new company founded by Nigerian investors has taken over Panalpina’s local service portfolio and acquired some of Panalpina’s assets and resources. The company has also recruited employees from the Panalpina Nigeria workforce. However, it operates completely independently from Panalpina, which does not hold any equity stake.

For the remaining staff, Panalpina and employee representatives agreed on mutually amicable solutions.

The Panalpina Group

The Panalpina Group is one of the world's leading suppliers of forwarding and logistics services, specializing in intercontinental air freight and ocean freight shipments and associated supply chain management solutions. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding solutions tailored to its customers' individual needs. The Panalpina Group operates a close-knit network with some 500 branches in about 90 countries. In a further 60 countries, it cooperates closely with partner companies. Panalpina employs over
15 000 people worldwide.