ShippingWatch

DFDS' new major acquisition comes after years of courting the owner family

DFDS' large-scale acquisition of Dutch HSF Logistics has been years in the making, as the Danish shipping group has been courting the owner family. DFDS has not faced competitors in the process, and CEO Torben Carlsen says the company is paying an attractive price.

Torben Carlsen, adm. direktør i DFDS. | Photo: DFDS

Several years of courtship have paid off for Danish ferry and logistics operator DFDS.

Earlier on Tuesday, DFDS announced its acquisition of Dutch cold chain operator HSF Logistics for EUR 296 million.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

New Pacific Basin CEO presents strategy in first public appearance

Martin Fruergaard has presented his key strategy in his first public appearance as the new CEO of Hong Kong-based Pacific Basin. The dry bulk operator has posted unusually strong half-year results on the back of a market upturn that by all appearances has only just begun.

Finnlines sees gains despite Covid-19 restrictions

Ferry and RoRo operator Finnlines saw growth in several areas in the second quarter of the years although the Covid-19 continues to put pressure on the passenger business. Larger cargo volumes helped boost the revenue.

Further reading

Related articles

Trial banner

Latest news

See all jobs