100% Peru
Hellmann Worldwide Logistics now holds all the shares in the Peruvian joint venture Hellmann Worldwide Logistics S.A.C, after Carlos Augusto Dammert, president of the board, decided to sell his stake of 50%. The company will now be fully integrated into Hellmann's global network.
German-based Hellmann has been active in Peru since 1992 and created the joint venture with Carlos Augusto Dammert in 1998.
In Peru’s logistics market, the joint venture specialised in airfreight exports, focusing mainly on perishable logistics. Hellmann now intends to strengthen the company's market position in other verticals such as automotive logistics, also beyond the country’s borders. Jose Luis Moreano will remain general manager and Dammert will act in an advisory capacity. (sh)