Hundred dollar bill. Falling money isolated background. American cash.


The ambitious global logistics provider, Scan Global Logistics (SGL), ramps up its European organization and network by acquiring two companies in the region. Acquiring Gelders Forwarding (Gelders), an air and ocean forwarder, will significantly scale SGL’s airfreight services and enhance its presence in the technology sector. Meanwhile, Advection Logistics (Advection), a full-service logistics provider, becomes the first SGL office in Hungary and provides a platform for growth in the region.

It’s less than a week since SGL acquired Sea-Air Logistics Ltd., increasing its presence in China and Hongkong before putting pen to paper and expanding its European footprint. The signings follow SGL’s ambitious growth and acquisition plan, which so far counts eight acquisitions, including one minority investment in 2022.

Allan Melgaard, Group CEO, comments on why matching company DNAs are pivotal to any SGL acquisition: “Ensuring a strong cultural fit is central to our acquisition strategy allowing for effectivity, commercial synergies, and an easy integration to unfold.”

To read the full story, please click here

Comment on this article

You must be logged in to post a comment.