newstodate.aero

Jan 12, 2022 (newstodate): The Danish in-night logistics provider DANX has a new lead investor: Axcel, a Nordic-based professional investment company.
   At the same time, Axcel has also taken the lead as investor in the UK-based logistics provider Carousel that works along similar lines with mission-critical end-to-end supply chain solutions handling of time-sensitive spare parts across Europe.
   Combining the strengths and market positions of the companies in the Nordic/Baltic and the UK markets, respectively, aims at creating a strongly-positioned pan-european in-night logistics provider with continued growth ambitions.
   The founder of DANX, Søren Gonge, currently Chairman of the board of DANX, will continue on the board and will also continue to be a significant shareholder, while Klaus Rud Sejling, since March 2019 DANX CEO and investor, will take over as CEO of the combined business.
   The transaction is subject to customary regulatory approvals and is expected to close in Q1 2022.