75

Business

DSV assumes full control of DSV Swift Group

admin
June 28th, 2014


This article is more than 10 years old.

DSV initially acquired 33 percent of the assets from Dubai-based Swift Freight in 2012

The Danish-based transport company DSV has purchased the remaining 67 percent of shares in the DSV Swift Group in Africa.

The takeover – the cost of which is still unknown – will come into effect as of July 1 and will give DSV full ownership of DSV Swift in 12 African nations.

“For the past nearly two years, DSV has gained a lot of experience in the African transport market,” Jens Bjørn Andersen, the head of DSV, said in a press release. “So far we like what we see, and that is why we are taking this step to increase our focus and commitment in Africa even more.”

READ MORE: Danish shipping industry sails to the top of Europe

Initially involved in 2012
DSV Swift, which primarily focuses on air and sea freight, has a comprehensive network on the African continent and covers South Africa, Mozambique, Zambia, DR Congo, Tanzania, Rwanda, Burundi, Uganda, Kenya, Ethiopia, Nigeria, Ghana, Togo, Morocco and Egypt. 

DSV initially acquired 33 percent of the assets from Dubai-based Swift Freight in 2012 in a deal that also included taking over 100 percent of the Dubai-based company’s assets in the United Arab Emirates, China and India.

At that time the African network only included three nations.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”