DSV, DSV gears up for further growth

PRESS RELEASE

 
DSV gears up for further growth
•	DSV will centralise its activities in a new transport and logistics centre
east of the Great Belt in Denmark 
•	DSV will consolidate its activities west of the Great Belt

By its purchase of 400,000 square metres of land at Ringsted, Denmark, DSV has
made a long-term, strategic decision that will ensure the best production
parameters for the Company in future. 

DSV has decided to centralise its activities on Zealand in a new transport and
logistics centre facing the E20 highway at Ringsted. It will be the largest
centre of its kind in Denmark. The relocation is expected to take place on a
continuous basis from 2010 to 2013, and in 2013 the centre will include a
built-up area of more than 100,000 square metres comprising offices,
transshipment terminal, logistics warehouse and wash and garage facilities.
Group headquarters will also move to the new location at Ringsted. 

DSV's activities west of the Great Belt will also become consolidated as the
Air & Sea activities in Sønderborg, Billund, Herning and Aarhus will be moved
to Horsens, where DSV Road and DSV Solutions have existing facilities at the
largest Danish transport and logistics centre west of the Great Belt. As a
result of the consolidations, the offices, temperature-controlled warehouse and
terminal area facilities at Horsens will be expanded to a total built-up area
of more than 75,000 square metres. 

Management expects that the close collaboration between the three Divisions
will have a positive effect on DSV's image as a provider of overall transport
and logistics solutions. 

The decision to consolidate the activities at fewer locations is based on the
intention to prepare DSV for the future and thereby create a basis for further
product development and accordingly further growth in a long-term perspective.
At the same time, DSV expects to realise considerable synergies in connection
with the consolidations, which will have a positive impact on DSV's cost
structure and thereby make DSV even more competitive. 

It should be emphasised that all employees of DSV will be offered continued
employment in connection with this geographical consolidation. 

For further information, please contact: Jens H. Lund, CFO, DSV A/S, tel. +45
43 20 33 30 - Johnny Holm Jensen, Managing Director, DSV Road A/S, tel. +45 43
20 31 68 - Henrik Nielsen, Managing Director, DSV Air & Sea A/S, tel. +45 63 17
21 02 - Brian Winther Almind, Managing Director, DSV Solutions A/S, tel. +45 72
15 27 14. 

Yours faithfully

DSV A/S
Kurt K. Larsen     	
Group CEO