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DSV completes acquisition of Panalpina
All conditions and requirements of the transaction have now been met
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All conditions and requirements of the transaction have now been met
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Enabling largescale access to sustainable aviation fuel (SAF), unlocking the supply of up to 11 million gallons or 41.6 million litres of SAF from Phillips 66 and delivering an expected reduction of approximately 100,000 tonnes of lifecycle greenhouse gas emissions compared with conventional jet fuel.
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After obtaining all regulatory clearances for DSV's acquisition of Schenker, DSV announces the first executive leadership appointments to maintain momentum and further strengthen the commercial approach and integration efforts. DSV adds new members to its Group Executive Committee and renames the Solutions Division to Contract Logistics. The changes will become effective after completion of the acquisition which is expected on 30 April.
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Maciej Walenda has been appointed CEO of Contract Logistics and will join the Group Executive Committee, effective 1 October. He will replace Albert-Derk Bruin, who has decided to leave DSV to pursue a career outside the company.
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DSV has entered into an agreement to sell 100% of the shares in USA Truck, Inc. and its subsidiaries to UTAC, LLC.
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The DSV Group ("DSV") today signed an agreement to acquire US based UTi Worldwide Inc. (”UTi”). UTi is a global, supply chain services and logistics company with revenue of USD 3.9 billion and 21,000 employees in 58 countries. The combined company will be one of the world's strongest transport and logistics networks.
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An expansion of the partnership between DSV and UNICEF will provide more in-kind flights during emergencies and increase access to essential supplies for children worldwide.
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