DFDS Transport (Bangladesh) Ltd. has a budgeted annual turnover of DKK 20 mill. in 2007 and has 15 employees working at the location in Dhaka. The company will change its name to DSV Air & Sea Ltd. as soon as possible.
The parties have agreed not to publish the acquisition price.
With the acquisition the DSV Air & Sea Division hereby further expands the existing position in Asia and the Sub Continent, in which region the division is now represented with own companies in 12 countries and approx. 1,000 employees. Also in 2007 a strong growth is expected in the region.
This announcement has been forwarded to the Copenhagen Stock Exchange´s investorservice and the press. It is also available on the internat at www.dsv.com. The announcement has been prepared in Danish and in English. In the event of discrepancies, the Danish version shall apply. Questions should be addressed to Kurt K. Larsen, Managing Director, Tel. +45 43 20 30 40.