News / DFDS to buy Ekol Logistics in acquisition u-turn

Photo: Ekol Logistics

In a surprising commercial u-turn, Danish ferry and road freight operator DFDS has confirmed it is pressing ahead with the acquisition of Turkish group Ekol Logistics’ international route network.

The two parties had agreed the transaction in April, but DFDS pulled out of the sale at the beginning of this month, citing “certain contractual conditions” that had remained unfulfilled.

However, today DFDS chief executive Torben Carlsen said the parties had returned to the negotiating table and “put together a deal what we ...