Scan Global Logistics agrees to acquire FLS in Portugal

03/10/2023

PRESS RELEASE

Global logistics provider, Scan Global Logistics (SGL), strengthens its position within government and defence by acquiring Portuguese logistics company FLS (Freight & Logistics Solutions). Portugal is an important gateway to South America and regions in Africa and completes the SGL’s footprint on the Iberic Peninsula. With the acquisition of FLS, SGL is now represented in 49 countries worldwide.

Copenhagen 2 October 2023: Scan Global Logistics shows no signs of slowing down its acquisition spree. FLS, a defence and military logistics expert in Portugal, is the latest addition to its portfolio. In just half a year, SGL has acquired Sand Road Freight in Denmark, ETS Transport & Logistics, ETS Fulfillment in Germany and Belglobe in Switzerland. SGL says more acquisitions can be expected in the coming months. Moreover, the global forwarder also emphasises its commitment to organic growth by recently opening new offices in Romania, Kenya, South Africa and France. The dual strategy exemplifies SGL’s unwavering dedication to its ambitious growth journey.

Extending the Defence logistics capabilities

In 2021, SGL won a noteworthy 7-year contract with the Danish Military of Defence. The agreement encompasses civil transport related to the Danish Defense exercises and international missions, including transport solutions for the Arctic Command. Notably, several transports for the US military and NATO have been successfully conducted under this agreement.

FLS holds national and NATO accreditations imperative for the defence business and has already worked closely with SGL teams to successfully execute various regional projects.

Thomas Lyck, Executive Vice President of Government & Defence at SGL, says:

‘FLS has built strong relations with the Portuguese Ministry of Defence, is highly engaged with the US Foreign Military Sales, and has developed a unique IT solution tailored to these customers’ specific demands. Coupled with our transport capabilities and global government and defence competence centres throughout the world, it will reinforce the comprehensive support, expertise, and value-adding solutions we provide customers within the industry.’

Match in purpose-driven customer approachFounded in 2014, FLS has offices in Porto, two in Lisbon and Funchal, Madeira. The company relies on a purpose-driven, entrepreneurial customer and solution-driven approach perfectly aligned with SGL’s culture and virtues.

Founder and CEO at FLS, António Beirão, elaborates: ‘We see eye to eye on significant matters and share a common business approach of building close customer relations on trust, transparency, and industry know-how. Consequently, SGL makes an ideal future home for our valued customers and employees. I look forward to continuing to nurture these strong relationships and providing tailor-made and effective solutions to our customers.’

The transaction is subject to approval by the Portuguese Competition Authority, and it is the intent of the parties to finalise the acquisition shortly after the approval has been received.