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19 September 2019 The on-line newspaper devoted to the world of transports 02:55 GMT+2



August 19, 2019

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DSV carries to term the acquisition of the Panalpina

Previewed synergies that pairs will allow annual savings with about 295 million euros

Today complete logistic group Danish DSV the acquisition of the Panalpina Helvetian carrying to term the public offer of exchange announced to April(on 1° April 2019). A next extraordinary shareholders' meeting of the shareholders of the Danish company will be convened in order to deliberate the change of the current corporate name DSV A/S that will become DSV Panalpina A/S.

With the fusion a logistic group with 60.000 dependent in 90 nations and a annual turnover of about 118 billion Danish crowns (15,8 billion euros will be born). With operation DSV it previews to realize synergies that pairs will allow beginning from a annual cut of the costs with about 2,2 billion Danish crowns (295 million euros) 2022.



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