Friday, September 28th, 2012 DSV in Czech Republic has signed an agreement on the acquisition of certain activities from AWT echofracht a.s. AWT echofracht a.s. has a strong market position in the Czech Republic offering several forwarding and logistics services.
The agreement includes the road, air and sea freight activities and contract logistics of AWT echofracht and will as such strengthen the market position of all three DSV divisions in the Czech Republic. In the last 12 months, the activities acquired from AWT echofracht a.s. has generated revenue of approximately EUR 30 million.
AWT echofracht a.s. is an important player with strong traditions in the Czech market. The activities acquired match the current DSV activities in the Czech Republic well and will furthermore create a complete local distribution network says Group CEO Jens Bjorn Andersen.
The transaction will have effect from 27 September 2012. The parties have agreed not to disclose the purchase price. Tagged as: 3PL, DSV, Freight, Logistics, Transportation, Warehousing Article source: http://www.logisticsmatter.com/2012/09/28/dsv-acquires-activities-from-awt-cechofracht-a-s/ PostNL sells its mail activities in Czech Republic and Slovakia to ID Marketing s.a.
PostNL to acquire Dutch and Belgian trans-o-flex activities from Austrian Post Kuehne + Nagel expands activities in the automotive industry Demag Cranes centralises bulk materials handling activities Zetes acquires PHI DATA BV s business and reinforces its presence in the Netherlands