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BUSINESSNEWS ROUND-UP more news at www.heavyliftpfi.com


DSV makes offer for Swiss rival Panalpina D


enmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately USD4.1 billion (EUR3.6 billion).


As HLPFI went to press, DSV said that it had not


received a response to its private proposal from Panalpina’s board of directors. Panalpina, meanwhile, confirmed that it had


received “an unsolicited, non-binding proposal from DSV to acquire the company at a price of CHF170 per share, comprising a mix of cash and DSV shares”. The statement added: “According to its fiduciary


duties, the board of directors of Panalpina is reviewing the proposal in conjunction with its professional advisers.” DSV said the combined business would


generate expected revenues of more than DKK110 billion (USD16.8 billion). The Danish company also made an unsolicited


bid for Ceva Logistics in 2018. Ceva rejected the offer, deciding instead to extend its partnership


with container shipping line CMA CGM. Meanwhile, Panalpina confirmed that its


current chairman, Peter Ulber, would not stand for re-election when his term at the head of company comes to an end in May 2019.


Mund+Bruns and EIMC launch strategic alliance


Marine surveying specialists EIMC and Mund+Bruns have formed a strategic international alliance. The two companies said


that the alliance will leverage their respective strengths in cargo risk management and engineering consultancy. Together, they will provide customers with instant access to high-quality professional risk management services on a global basis. Headquartered in Bremen,


Mund+Bruns has branch offices


in Germany, Belgium, Russia, China and the USA; New Jersey, USA-based EIMC has staff in 15 US states and a branch office in the UK. Christoph Bruns, managing


partner and ceo of Mund+Bruns, commented: “In a global market and in order to be competitive on an international level, it is indispensable to work with local specialists who have profound knowledge of the products, the market, and especially the market rules.”


Broekman buys warehousing


Broekman Logistics has acquired VLS-Group’s warehousing activities in Belgium and the Netherlands. A total 150,000 sq m of


covered storage across five locations in Antwerp and Rotterdam will operate under


www.heavyliftpfi.com


the Broekman Logistics brand, and will be fully integrated into the company’s warehousing and distribution division. Raymond Riemen, Broekman


Logistics ceo, said the acquisition is the largest in the company’s 60-year history.


January/February 2019 7 NEWS in BRIEF


Mammoet grows in Africa Mammoet has expanded its services in the West African market with the opening of an office in Accra, Ghana. The office, combined with its presence in Nigeria, will significantly increase the company’s presence in the region, said Mammoet.


Rhenus acquires Cesped Rhenus Logistics has acquired Italy’s Cesped along with its related companies, including Venice-based Delta Mare.


Spedag unveils PeriSpoor East African logistics provider Spedag Interfreight is offering clients real-time tracking of cargoes, including over-dimensional freight, with its PeriSpoor product.


Xellz eyes African market Xellz Operations intends to open an office in Lagos, Nigeria, during the first quarter of 2019.


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