Forward Air – damn it! Sell it? Haha, yeah, right...
Love the dog
I was about to fall asleep on Sunday night, consciously and joyfully looking forward to the usual mid-August lull when the usual “ding”, pleasantly somehow, interrupted the rapid eye movement.
“Hi. Hope your weekend went well. Given that day one for DSV + Panalpina [PAN] is getting closer and closer, will you post something about the tie-up on Premium this coming week?” one eager outsider asked.
We’ll see how it goes, I replied – then it didn’t take long before additional, unprompted feedback came ...
Comment on this article
Ferdinand Kurt
August 14, 2019 at 3:19 pmAlessandro, as an Ex-RCEO of Panalpina in the Americas, I’ve been obviously following the developments of the DSV/PA deal quite closely. I particularly enjoy reading your regular articles on the topic. As we both know closing deals in M&A is complex…but what comes after – i.e. the “digestion process” is the really challenging part. Let’s see if this deal will deliver what share/stakeholders expect!
Best, Ferdinand
Alessandro Pasetti
August 14, 2019 at 8:41 pmThanks for the great feedback, fkurt. You are absolutely right, what comes next is the really challenging bit, particularly given the headline deal metrics. Hearing Ceva has poached several folks from PAN in the US – and that’s another interesting integration story. Exciting times, as our readers often remind me! Best, Ale.