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Scan Global gathers strength for listing

Scan Global Logistics needs to grow further prior to an initial public offering, says top management in an interview, which also touches upon the upcoming change of ownership.

Photo: PR / Scan Global Logistics

Logistics firms are currently thriving due to the freight market challenges caused by the Covid-19 crisis and – to a certain degree – the Ukraine war.

This is also the case for Denmark-based Scan Global Logistics, which has grown massively during the recent year, in part due to a number of acquisitions. Last year alone, revenue grew by 88% to roughly USD 2.3bn, and the adjusted EBITDA result was more than doubled to USD 112m.

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