All DSV articles – Page 5
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News
Panalpina agrees DSV takeover bid
DSV and Panalpina have reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion).
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CMA nears 90 percent stake in Ceva
France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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DSV ups Panalpina bid as Agility enters the fray
Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
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CMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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Panalpina shareholder rejects DSV's bid
Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.
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DSV makes move on Panalpina
Denmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately CHF170 (USD172) per share.
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DSV announces expansion
DSV has released plans of a major investment to expand its headquarters in Copenhagen, Denmark.
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CEVA and CMA CGM deepen partnership
CEVA Logistics plans to broaden its partnership with CMA CGM through the acquisition of the latter’s freight management business and the provision of an exit option for CEVA shareholders.
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DSV withdraws revised CEVA offer
DSV has withdrawn its revised offer to acquire CEVA Logistics for CHF30 (USD30.06) per share.
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DSV confirms offer to CEVA Logistics was rejected
Denmark’s fast-growing logistics group DSV has issued an official statement confirming that its recent offer to takeover CEVA Logistics was rejected by the CEVA board.
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Broekman names de Man
Broekman Logistics has appointed Cor de Man as its general manager, responsible for Broekman's forwarding activities in the Netherlands and its specialised breakbulk-related project logistics activities.
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DSV UK wins aerospace contract
May 1, 2018, will see DSV's UK business commence work on a three-year contract with Marshall Aerospace and Defence Group, which will further strengthen the logistics group's position in the aerospace market.
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M&A activity on the table for DSV
After the successful integration of UTi Worldwide, DSV says consolidation and merger and acquisitions (M&A) remain on its agenda for 2018.
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DSV names Seven Seas in Iran
September 19 - DSV Global Transport and Logistics has appointed Seven Seas as an agent in Iran, expanding its air, sea and road transport services to and from the country.
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High summer for forwarders
August 23 - The summer has seen a slew of positive results for several multinational freight and logistics groups but the high pressure on margins remains a serious challenge.
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Strong start for DSV
May 2 - DSV has reported a net revenue of DKK18.2 billion (USD2.7 billion) for the first quarter of 2017, in comparison to DKK15.3 billion (USD2.2 billion) for the corresponding period of 2016.
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DSV opens Macedonian office
March 3 - DSV has opened its first office in Macedonia, DSV Road DOOEL, which will handle transport and logistics activities in Macedonia.
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DSV invests in Immingham
February 15 - DSV is expanding its presence in Immingham, UK, adding a 100,000 sq ft (9,290 sq m) logistics facility to its existing facility, which will be fully operational at the end of May.