DSV Panalpina completes billion-dollar acquisition and raises guidance

Logistics company DSV Panalpina has formally acquired Agility Global Integrated Logistics at a price of USD 4.79 billion. The integration of the billion-dollar acquisition is now set to begin. Updated.

Photo: Bidstrup Stine/Ritzau Scanpix

DSV Panalpina has formally completed the billion-dollar acquisition of Global Integrated Logistics from Kuwaiti Agility, as all conditions have now been met, according to DSV.

At the same time, the company has raised its guidance for 2021. This comes shortly after DSV raised its guidance in late July.

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