Kerry Logistics stays bullish as profits decline in a 'tough market'
Hong Kong-headquartered 3PL Kerry Logistics Network (KLN) today was the latest freight service provider to ...
Ever heard of the law of unintended consequences? Denmark’s DSV is running the risk of delaying a key corporate decision: its next M&A move.
And there is obvious downside in this waiting game.
If it waits any longer, this could hinder its performance on the stock exchange, just as it did – in terms of incremental returns – during the years that preceded its $1.35bn acquisition of US-based UTi Worldwide.
To paraphrase the thinking of several of my banking sources, many of whom have ’skin in the ...
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Alessandro Pasetti
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Comment on this article
Andreas Kout
June 06, 2018 at 4:35 pmXPO is on the acquisitional trail itself , honestly speaking we even do not think a DSV can afford an XPO.
Damco is Maersk prepared to sell? Do not have received yet the signal on this
Analyse the global freight forwarding market and tell me which one FF does generate +500 Mio USD and is prepared to sell, sorry to say we do not know anyone.
We know quite a lot of companies at this size however none of them who is open and prepared to sell to a DSV.
Its funny someone does have a big pocket full of funds however the problem is to find the one to invest into.
Nothing new to us we have foreseen this and are communicating this since 1,5 years and you see until yet nothing really happend on the DSV front or?
A.Koût
Ale Pasetti
June 07, 2018 at 12:07 amThanks for your comment, a.k. Can you flag here your corporate website, please?