Tag / Mergers and Acquisitions (M&A)
Press releases • Nov 19, 2019 18:20 CET
DSV Panalpina has decided to offer a voluntary and unilateral social plan to all Panalpina head office employees in Basel affected by the announced redundancies to take place in Q4-2019 and H1-2020.
DSV announces plans for Panalpina headquarters and continued presence in Basel, as integration progresses
Press releases • Oct 14, 2019 17:15 CEST
The DSV Panalpina Group has informed employees at the former Panalpina headquarters in Basel about its plans for the location. As part of the integration, overlapping corporate functions and positions will either be cut or relocated to the headquarters in Denmark, which could result in up to 165 job losses. At the same time, the company intends to expand its logistical footprint in the Basel area.
News • Oct 07, 2019 14:12 CEST
Focus is on successful integration of the Panalpina business and people
News • Sep 25, 2019 09:46 CEST
All points on the agenda of the extraordinary general meeting were approved. The company now has a new Group name, a new member of the board, and a new and a new Chairman, as now former Chairman Kurt Larsen stepped down.
Press releases • Sep 19, 2019 07:15 CEST
On September 18, 2019, SIX Exchange Regulation granted Panalpina several temporary exemptions from the obligations for maintaining the listing and approved the request of Panalpina to delist the Panalpina Shares. The last trading day and the date of the delisting will be determined after the final judgement in the cancellation proceedings according to the Swiss Financial Infrastructure Act.
Press releases • May 01, 2019 09:00 CEST
Effective today, Newport Cargo has legally merged with Panalpina. The acquisition was completed in August 2018 and it has added tremendous value to Panalpina’s Perishables Network in expertise, customer base and business development.
Panalpina expands network in Colombia and Ecuador to become largest perishables player in Latin America
Press releases • Apr 24, 2019 17:30 CEST
Panalpina continues to expand its Perishables Network in South America through the acquisition of CargoMaster S.A. in Colombia, and its subsidiary, Laseair S.A., in Ecuador. CargoMaster is one of Latin America’s largest companies specialized in the air freight export of perishables, mostly of flowers to the US.
Press releases • Feb 15, 2019 12:27 CET
In continuation of the Company Announcements no. 734 of 16 January 2019 and no. 735 of 4 February 2019 DSV informs that DSV on 6 February 2019 has put forward to the Board of Directors of Panalpina a revised indicative and contingent all-cash offer to the shareholders of Panalpina at CHF 180 per Panalpina-share.
Blog posts • Feb 01, 2019 09:30 CET
Panalpina has acquired seven companies specializing in the worldwide export and import of perishables since 2015. With its vision to become the preferred global supplier of perishables logistics by 2020, Panalpina not only acquires companies in the sector, it then also invests locally to develop the business further and support the communities where they operate.
DSV can confirm that it has made an indicative and private proposal to Panalpina’s Board of Directors
Press releases • Jan 16, 2019 08:49 CET
In response to Panalpina Welttransport Holding AG’s (“Panalpina”) announcement today, we can confirm that DSV has made an indicative and private proposal to Panalpina’s Board of Directors to acquire Panalpina.
News • Nov 29, 2018 17:31 CET
Panalpina continues to expand and invest in Kenya, doubling its cold storage space at Nairobi’s Jomo Kenyatta International Airport to enable more and improved services for its perishables customers in and out of the country.
Press releases • Sep 04, 2018 13:32 CEST
Signing and closing took place 4 September 2018, at which time DSV A/S acquired 100% of S&H’s shares.
Press releases • Jul 17, 2018 07:15 CEST
Panalpina is expanding its Perishables Network to South Africa. The company is to acquire a majority stake in perishables specialist Skyservices. With the latest acquisition, Panalpina sets foot in a strategic market with its own presence in Johannesburg and Cape Town. The move will enable end-to-end solutions for perishables from South Africa to Europe, the Middle East, Far East and the USA.
News • Jul 11, 2018 14:18 CEST
Panalpina Adelantex in Belgium has received a bio certification from Certisys, marking the sixth time a Panalpina unit is certified for the handling of organic produce and reinforcing the company’s position as a leading service provider in the perishables arena.
Press releases • Jun 13, 2018 19:05 CEST
Panalpina continues to expand its global Perishables Network in South America. The international freight forwarding and logistics company is to acquire Newport Cargo S.A., Argentina’s air freight market leader and perishables specialist. The acquisition is geared towards end-to-end solutions for perishables and will increase Panalpina’s foothold in Argentina and neighboring countries.