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Torben Østergaard-Nielsen's company buys logistics operator Freja

SDK Shipping buys competitor Freja Transport & Logistics in a large transaction that pushes the company's revenue above DKK 5 billion. Owner Torben Østergaard-Nielsen heralds more acquisitions.

Photo: Carsten Andreasen/ERH

SDK Shipping, part of Torben Østergaard-Nielsen's conglomerate, buys Freja Transport & Logistics and heralds more new acquisitions as part of a new growth strategy, reports Danish business daily Børsen.

The parties confirm the transaction in a press release Tuesday morning.

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