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DFDS creates leading provider of cold chain logistics
Nachrichtenquelle: globenewswire | 26.01.2021, 07:59 | 225
Acquisition of HSF Logistics Group expands DFDS’ cold chain business to become the leading provider in Northern Europe
HSF Logistics Group has revenue of DKK 2.8bn and 1,800 employees
Enterprise value of DKK 2.2bn (EUR 296m)
Transaction structure leaves DFDS’ financial leverage unchanged
Investor and analyst call today at 10.00am CET DFDS has today entered into an agreement to acquire 100% of HSF Logistics Group. The company is one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operates temperature-controlled supply chains. The Group operates four brands with HSF Logistics a leading brand in the Netherlands, Germany and the UK. N&K Spedition and Skive Køletransport are leading brands in Denmark and Scandinavia,
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Anastassios Adamopoulos | 2021-01-26 13:42:18.0
Once the acquisition of the European company has been finalised, DFDS is expected to quadruple its cold chain business and create the leading North European cold chain logistics provider
DFDS, the Danish shipping and logistics company, has agreed to buy cold chain logistics provider HSF Logistics Group in a deal worth DKr2.2bn ($358.8m).
It said it was making the debt-free purchase, which will create northern Europe’s leading cold chain logistics provider, through a newly established and wholly owned subsidiary.
HSF Logistics group, a family-owned business that specialises in offering services to meat producers and other food producers operating in controlled temperature supply chains, employs 1,800 people and has annual revenue of around DKr2.8bn.