PRESS RELEASE
DSV expands to South Africa
DSV Air & Sea Holding A/S ("DSV") sets up business in South Africa through the
establishment of a subsidiary.
Today the subsidiary has concluded an agreement on the acquisition of the
business activities of Transmedit Forwarding (Proprietary) Ltd., which
currently is agent for DSV in South Africa. The transaction is subject to
certain conditions, which are expected to be fulfilled before 1 December 2010.
The parties have agreed not to disclose the acquisition price.
As a consequence of this transaction, DSV will have its own presence in South
Africa with about 30 employees and offices in Johannesburg and Cape Town, which
will strengthen the global network of DSV.
Any questions may be addressed to Jørgen Møller, President of DSV Air & Sea
Holding A/S, on tel. +1 732 850 8000 or to Peter Larsen, Vice President, on
tel. +45 43 20 30 40.
Yours sincerely,
DSV
dsv_south africa_101008_uk.pdf 17.5 KB