The
David Pieris Group of Companies has succeeded in earning a trusted name in the
Sri Lankan business sector for over four decades. Moving beyond the local
market, the Group has now taken strategic steps to strengthen its international
relations. As part of this expansion, the David Pieris Group has acquired a 50%
stake in Navire Logistics Services L.L.C, a leading logistics firm based in
Dubai and Oman. This is regarded not merely as an investment, but as a critical
milestone in carrying the Sri Lankan corporate identity to the global stage.
In
Sri Lanka, the Group’s logistics arm—DP Logistics (Private) Limited—is a leader
in sectors such as warehousing, transportation, freight forwarding, and customs
clearing. DP Logistics holds a top position among the country’s 3PL
(Third-party logistics) and warehousing providers. Furthermore, the division
has been able to consistently grow its market share through its massive
container fleet and diversified service offerings.
The
foundation for this global expansion was laid in 2022 with the acquisition of
Pulsar Shipping Agencies from E·polanka Holdings. By entering the shipping
agency and maritime logistics sector through that move, the David Pieris Group
is now demonstrating its efficiency within the Middle Eastern and South Asian
regional networks via Navire Logistics.
Moreover,
this new investment is not limited to Dubai; operations are also being carried
out through a fully-owned subsidiary in Oman. It is further reported that the
David Pieris Group plans to expand this business network into Saudi Arabia,
Thailand, and India in the near future.
#DavidPierisGroup
#DPLogistics #NavireLogistics #GlobalExpansion #LogisticsNews #SriLankaBusiness
#DubaiBusiness #SupplyChain #MaritimeLogistics #3PL #Investment #Oman
#MiddleEastBusiness #EconomicGrowth
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