Business, Logistics

DSV to Buy Panalpina in $4.6 Billion European Logistics Deal

Carsten Snejbjerg/Bloomberg News

DSV A/S agreed to acquire Swiss rival Panalpina Welttransport Holding AG in a deal worth $4.6 billion that will create one of the world’s largest cargo-handling and logistics companies

Bloomberg News
April 1, 2019

DSV Says Takeover Goal ‘Not Dead’ as Panalpina Speculation Grows

DSV Truck Carsten Snejbjerg/Bloomberg News

DSV A/S, one of the world’s biggest freight forwarding companies, will pursue a plan to take over Panalpina even after the Swiss company’s biggest shareholder made clear it’s opposed to the tie-up.

Christian Wienberg | Bloomberg News
February 7, 2019
Business, Logistics

DSV Canada Breaks Ground on Ontario Facility

DSV An employee processes orders at a DSV warehouse. (TT File Photo)

DSV Canada, a supply chain service provider and manager, has broken ground on a 1.1-million-square-foot facility in Milton, Ontario, according to a Nov. 28 press release.

Transport Topics
November 29, 2018

DSV Completes Acquisition of UTi Worldwide

Danish supply chain manager and freight forwarder DSV Group said it has completed its acquisition of Long Beach, California-based forwarder UTi Worldwide for $1.35 billion.

Transport Topics
January 28, 2016