News / M&A 'the right recipe' for DSV, says CEO – so who will be the next takeover target?

The guessing game over DSV’s next acquisition target has begun.

In an earnings call this morning, the ’poster boy for freight forwarding’ announced strong results, but much of the focus was on its M&A plans.

With the integration of UTi now concluded, CEO Jens Bjørn Andersen said. “We won’t speak of UTi any more.”

But he added that DSV was stronger now than it was before it acquired UTi, and the initial dilution of margins has ended.

“M&A has proven to be the right recipe,” ...