newstodate.aero
Apr 27, 2021 (newstodate): Only two years after the acquisition of the Swiss-based Panalpina, the Danish transport and logistics company is once again announcing a large acquisition: Agility Global Integrated Logistics, GIL.
With a workforce of approximately 17,000 employees, GIL is part of Agility and one of the world's major freight forwarding and contract logistics providers, mainly related to air & sea freight.
With the acquisition of GIL, DSV Panalpina will become the world's 3rd largest transport and logistics company with a combined pro forma revenue of approximately USD 22 billion – an increase of around 23 percent – and a combined workforce of more than 70,000 employees.
Especially DSV Panalpina's Air & Sea-division will be substantially strengthened with the acquisition of GIL and will consolidate the rank among the largest providers globally with close to 2.8 million containers (TEUs) and more than 1.6 million tonnes of air freight transported annually.
The contract logistics capabilities will strengthen DSV’s Solutions division with GIL's additional warehousing capacity of more than 1.4 million square meters, mainly in APAC and the Middle East.
Furthermore, GIL will add road freight activities to DSV’s network in both Europe and the Middle East.
With a workforce of approximately 17,000 employees, GIL is part of Agility and one of the world's major freight forwarding and contract logistics providers, mainly related to air & sea freight.
With the acquisition of GIL, DSV Panalpina will become the world's 3rd largest transport and logistics company with a combined pro forma revenue of approximately USD 22 billion – an increase of around 23 percent – and a combined workforce of more than 70,000 employees.
Especially DSV Panalpina's Air & Sea-division will be substantially strengthened with the acquisition of GIL and will consolidate the rank among the largest providers globally with close to 2.8 million containers (TEUs) and more than 1.6 million tonnes of air freight transported annually.
The contract logistics capabilities will strengthen DSV’s Solutions division with GIL's additional warehousing capacity of more than 1.4 million square meters, mainly in APAC and the Middle East.
Furthermore, GIL will add road freight activities to DSV’s network in both Europe and the Middle East.