Schenker, what Schenker? DSV boss talks up options – yes, Sir!
New corporate structure also serves ‘potential M&A that may come up’. May? Potential?
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Effective 15 January 2013 subject to the approval of the anti-trust authorities the internationally operating logistics provider Dachser is to acquire the Spanish logistics provider, Azkar. Dachser has held a 10 percent stake in its Iberian logistics partner since 2008.
Azkar is one of the biggest Iberian logistics providers and market leader in the Spanish groupage segment. The company generated revenue of EUR 367 million in 2011 with a staff of over 3,000 working in 91 branch offices. Additionally, the company is supported by some 2,000 external drivers. Following the acquisition the enterprise will continue to be headed up by José Antonio Orozco and the current management team. For the time being, the company will also continue to operate under the same name.
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