ShippingWatch

Østergaard's SDK sets its sights on air & sea in next acquisitions

SDK's desire for acquisitions goes far beyond the takeover of logistics company Freja. Candidates in air and sea freight are a hot topic, CEO Søren Gran Hansen tells ShippingWatch. Updated.

Søren Gran Hansen has for the past six years headed SDK, part of Torben Østergaard-Nielsen's USTC group. | Photo: PR / SDK Shipping

Since Søren Gran Hansen six years ago took charge of SDK and was tasked by owner Torben Østergaard-Nielsen to complete a turnaround and increase the top line, the company has made 17 acquisitions.

In particular, the latest transaction, the takeover of Freja, puts SDK in a whole new league with an annual revenue of more than DKK 5 billion (USD 783 million) and around 1,300 employees in eight countries.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Further reading

Related articles

Latest news

See all jobs