Two years after the acquisition of Panalpina, DSV Panalpina is once again announcing a large acquisition: Agility Global Integrated Logistics (GIL). M&A is a well-known part of DSV Panalpina’s strategy and the company has demonstrated its ability many times in both acquiring and successfully integrating companies with similar business models. The value of the GIL acquisition is USD 4.2 billion.
2020 was another strong year for DSV Panalpina despite the COVID-19 pandemic.
DSV launches a new customs classification service for international businesses called DSV Customs Classification. With the new service, DSV offers to perform customs classification on behalf of businesses, ensuring compliance with regulations and easing customers’ administrative hassle.
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