Independent journal on economy and transport policy
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LOGISTICS
The Danish DFDS will buy British McBurney Transport
It has a fleet of about 400 trucks and 1,360 trailers
Copenhagen
December 29, 2022
The Danish shipowner and logistics group DFDS has struck a deal to buy Britain's McBurney Transport Group for 1.2 billion Danish crowns (161 million euros). The company, which is family-owned and with headquarters in Northern Ireland, has more than 800 employees and a fleet of about 400 trucks and 1,360 trailers operated in service of supermarkets, retailers, and food industries.
Last year, McBurney posted a turnover of 1.0 billion Danish crowns, volume of business that was expected to grow to 1.3 billion in 2022. In 2021, the gross operating margin was 160 million Danish crowns.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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