DSV has today signed an agreement to acquire the entire share capital of the UK based SBS Worldwide Holdings Ltd.
SBS Worldwide offers air and sea transport and logistics solutions, and their activities will complement those activities of DSV's Air & Sea Division.
“SBS Worldwide is an excellent match for DSV. It is a well-run company with good customer relations and a high service level. The US and UK are already important markets for DSV and the acquisition of SBS will strengthen us further" says Jens Bjørn Andersen, CEO.
The parties have agreed not to disclose the transaction price.
JF Hillebrand Group AG has announced the acquisition of Satellite Logistics Group, a leading US based supply-chain solution provider for the beverage industry.
He received the trophy from the founder of Martinair – after who the trophy is named – at the Dutch National Air Cargo Awards held in Amsterdam on November 28th.
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