Subscribe to Premium
Subscribe to Premium
Advanced Search
+

CVC Capital Partners takes majority stake in Scan Global Logistics

Close up businessmen shaking hands during a meeting. Handshake deal business corporate.
© | Dreamstime.com
By

Denmark’s Scan Global Logistics (SGL) announced today to have partnered with CVC Capital Partners “to further accelerate” its international growth push.

“CVC Capital Partners Fund VIII (CVC) has agreed to acquire a majority shareholding in the company from an investor group led by AEA Investors Small Business Private Equity (AEA),” the company said today.

With revenues of more than $3bn, SGL offers a “full suite of end-to-end services across +150 locations in 45 countries and through +3,300 logistics professionals”.

In his prepared remarks, CEO ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    CVC Capital Partners private equity Scan Global Logistics DB Schenker DSV M&A radar Takeover Talk

    Most Read

    The 'mother of all BAFs' looms for shippers as green targets advance

    First shipper uses new land-air corridor ex-India for Bangladesh exports

    Maersk idles more ships while NOOs see a rebound in demand

    Container shipping can see ‘green shoots’ of freight demand recovery

    Forwarding M&A round-up: plenty of action making smaller headlines

    Shippers advised to give strike-hit port of Hamburg a miss

    Some ocean trades stabilising, but transatlantic rates still falling

    Retailers warn of challenging orderbooks amid continued high inventory

    Mind the (income) gap with Mærsk, DP-DHL & Kuehne – DSV the safest

    K+N will take financial hit to 'create critical mass' for smart labels

    Another rail strike in Germany to add to European freight troubles

    Boost for Hong Kong air cargo volumes as ban on vape traffic is lifted

    Older freighters look set for the scrap heap as capacity oversupply looms

    Beijing and Moscow develop rail trade with new route and river bridge

    Maersk says posted data is not current and not from attack by hackers

    Transport and logistics in Europe pushed to beef-up cybersecurity