DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
“Founded in 1871, our company started with one man, Carl Heinrich Hellmann, using a horse-drawn cart to deliver parcels in and around the town of Osnabrueck, northern Germany. Four generations later, Hellmann is a company with a worldwide network of 20,500 people in 489 branches in 173 countries.” – Hellmann Worldwide Logistics. Alternatively, trust this.
LOTS of impressive numbers up there for Hellmann, but one little problem lingers after several restructuring exercises: sustainability under the family ownership.
Big but not big enough, and definitely not ...
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