EUROPEAN LOGISTICS NETWORK EXPANDED WITH ALPHATRANS
To further expand and develop DFDS' European logistics services, DFDS has acquired 100% of the share capital of the Dutch company Alphatrans Group BV head-quartered in Rotterdam.
"Alphatrans is a strong match that widens the scope of our customer solutions in line with DFDS' strategy of extending the network through growth and acquisitions," says Eddie Green, Executive Vice President and Head of DFDS' Logistics Division.
Alphatrans provides transport solutions for customers with general and exceptional cargo using flatbed trailers and other specialised equipment. The operation of a fleet of 720 flatbed trailers and 125 trucks makes Alphatrans one of the largest flatbed trailer operators serving continental Europe, UK and Ireland.
To support the customer solutions Alphatrans has own haulage operations based in Hungary and Romania. Alphatrans has 197 employees and annual revenues of EUR 45m.
Company offices are located in the Netherlands, Belgium, Germany, UK, Ireland and Portugal. In addition, offices related to the haulage operation are located in Hungary and Romania.
Alphatrans expands DFDS' activities between continental Europe and UK. It also adds Portugal to the network and provides access to haulage capacity and new customers.
DFDS has been developing traffic which specifically requires flatbed trailers, particularly between Sweden and the Baltics, and Alphatrans brings additional knowledge to enable further development across the DFDS network. Further operational synergies, including the combination of offices, are expected.
The transaction is subject to approval by the German competition authority and closing is expected to take place before year-end 2017 whereafter the Alphatrans Group will be consolidated in the DFDS Group.
Niels Smedegaard, CEO, +45 33 42 34 00
Torben Carlsen, CFO, +45 33 42 32 01
Søren Brøndholt Nielsen, IR, +45 33 42 33 59
Gert Jakobsen, Communications, +45 33 42 32 97
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.