DSV sells part of Panalpina subsidiary to Dutch stakeholder

DSV now sells part of the perishables business that was part of the deal when the company took over Panalpina last year. "Sometimes you realize that someone else will be a better owner," DSV executive VP tells ShippingWatch.

Photo: Arnd Wiegmann/Reuters/Ritzau Scanpix

Around a year after DSV took over Panalpina in a billion-dollar deal, DSV now divests a small part of Panalpina again.

Airflo Panalpina, which transports perishable goods, is getting a new owner, DSV Panalpina confirms speaking to ShippingWatch.

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