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DSV acquires foreign Air & Sea company

DSV signed an agreement on Thursday to purchase 100 percent of the shares in transport and logistics group SBS Worldwide Holdings at an undisclosed price.

According to a brief to the stock exchange Thursday night,  Danish Transport and Logistic Group, DSV, has signed an agreement to purchase 100 percent of the shares in the transport and logistics group SBS Worldwide Holdings at an undisclosed price.

SBS Worldwide Holdings works with air and sea transportation, and the group's activities will now be become an integral part of DSV's Air & Sea division.

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