newstodate.aero
Mar 03, 2022 (newstodate): The merger of the Danish in-night logistics provider DANX and the UK-based logistics provider Carousel has now obtained customary regulatory approvals.
The merger is brought about by a new lead investor: Axcel, a Nordic-based professional investment company, taking over both companies in a deal announced in January 2022.
Both companies have been providing mission-critical end-to-end supply chain solutions and 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 in the UK, Ireland, Germany, Iberia, Nordics and the Baltics.
Klaus Rud Sejling, former DANX CEO, takes over as CEO for the merged group and will be joined by a newly formed Executive Team, made-up of existing Carousel and DANX personnel.