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DSV Panalpina buys freight forwarder Prime Cargo

Logistics company DSV Panalpina buys freight forwarder Prime Cargo, which has activities in Poland, Denmark and Japan. The transaction is expected to be finalized in the coming months.

Photo: PR-FOTO

DSV Panalpina makes a new acquisition.

The Danish logistics major buys freight forwarder Prime Cargo, which has activities in Denmark, Poland and China. DSV Panalpina buys the company from Japanese owner Mitsui-Soko Group, and the transaction is expected to be settled during the next two to three months, says DSV in a press release Wednesday.

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