CMA CGM Air Cargo eyes expansion with bid for Air Belgium
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch ...
© Timon Schneider
By Alex Lennane
Ever-expanding DSV has predicted it will be part of further M&A in the freight forwarding market.
Announcing “strong” first-quarter results today, which saw revenues up 82%, to Dkr61.125bn ($8.7bn), and ebit up 104%, to Dkr3bn, as it incorporated Agility GIL, the firm said its appetite for takeovers had not diminished.
The integration of Agility’s logistics arm will be completed in the third quarter, at an estimated cost of about Dkr1bn this year – “We are almost there,” said COO Jens Lund, in an ...
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