News / DSV Panalpina takes over Agility GIL in $4.2bn deal

It’s big news that will shock no one. Some two years after DSV leapt into the list of forwarding superstars with its bold acquisition of Panalpina, it is now adding some $4bn to annual revenues with the acquisition of Agility’s Global Integrated Logistics (GIL).

It’s a new twist in an old tale: you may remember March 2019 when Panalpina’s shareholders flirted with the “fantastical” idea of buying Agility, instead of being folded into DSV, helpfully raising the Danes’ price in the ...