News / DSV’s appetite for M&A 'bigger than ever' after a strong year

© Björn Wylezich

DSV’s appetite for M&A is “bigger than ever” and it is “ready for new adventures” this year.

Chief executive Jens Bjørn Andersen told investors DSV would be much more active this year, with potential targets that “we are excited about”.

“In an ideal world we’d wait a little to digest Panalpina, but there is also a need to be opportunistic”, he said as DSV Panalpina announced “another strong year” with “excellent results”.

Full year revenues rose 22.4% to Dkr115bn ($18.9bn), resulting in ebit ...