newstodate.aero

Feb 11, 2022 (newstodate): Media claims that the Danish logistics company Scan Global Logistics is heading for new ownership.
   Formerly owned the Danish investment firm BWB Partners and other private shareholders, including the founders, Scan Global Logistics was acquired in 2016 by the US private equity group AEA Investors that is now said to be selling  its stake.
   Scan Global Logistics' CEO, Allan Meldgaard, however refuses any comment on the media reports.
   -Our strategy and plans remain unchanged; we intend to go public on the stock exchange within the coming three to five years based on a strong performance over the last few years, says Mr Meldgaard.
   -During the last four years we have grown from 800 to 2,500 employees; expanded our presence from 17 to 42 countries; grown from 95,000 to 370,000 tonnes of sea freight, and from 56,000 to 170,000 tonnes of airfreight.
   -In 2021 alone, we completed seven acquisitions, adding power to our market position. But most importantly, we managed a 27 percent organic growth, demonstrating the inherent strength and competencies of the company.
   -Of course, we have benefited, like everyone else, from the frenetic growth in market demands - but it has still not been plain sailing as competition for a stake in the growth has been equally fierce, with no free lunch.
   -We have strengthened our position in North America, Asia and Europe, and we expect sustained growth in 2022 as well. But our focus will also now be directed towards Africa, notably East Africa, where we see huge untapped growth potentials.
   -Even in 2022 we plan to expand further, with a few new acquisitions to be announced already in the first quarter of the year, says Mr Meldgaard.