DSV will stick with acquisition strategy following US takeover

"The takeover of US-based UTi Worldwide in early 2016 confirms DSV's plans to partake in consolidation and perform acquisitions," says DSV chief exec Jens Bjørn Andersen to ShippingWatch. More acquisitions are thus in store.

DSV will continue to participate in the consolidation taking place among the top international logistics groups following the Danish company's large-scale acquisition of US-based UTi Worldwide, DSV's chief executive, Jens Bjørn Andersen, tells ShippingWatch following publication of the group's annual report 2016 on Friday - an annual report heavily influenced by UTi, which DSV acquired in early 2016.

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