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  5. DSV Acquires Ontime Logistics AS

M&A Deal Summary

DSV Acquires Ontime Logistics AS

On July 10, 2013, DSV acquired transportation company Ontime Logistics AS

Acquisition Highlights
  • This is DSV’s 9th transaction in the Transportation sector.
  • This is DSV’s 3rd transaction in Norway.

M&A Deal Summary
Date 2013-07-10
Target Ontime Logistics AS
Sector Transportation
Buyer(s) DSV
Deal Type Add-on Acquisition

Target

Ontime Logistics AS

Oslo, Norway
Ontime Logistics AS is a provider of transport and logistics services, mainly related to road transport.

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Buyer(S) 1

Buyer

DSV

Hedehusene, Denmark
Category Company
Founded 1976
Sector Transportation
Employees158,692
Revenue 167.1B DKK (2024)
DESCRIPTION

DSV provides transport and logistics solutions worldwide. It operates in three divisions: Air and Sea, Road, and Solutions. DSV was founded in 1976 and is based in Hedehusene, Denmark.

DEAL STATS #
Overall 9 of 12
Sector: Transportation M&A 9 of 12
Type: Add-on Acquisition M&A Deals 9 of 11
Country: Norway M&A 3 of 3
Year: 2013 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-24 Airmar Cargo S.A.

Bogotá, Colombia

Airmar Cargo S.A. is a provider of seafreight forwarding export market from Colombia to the Central American and Caribbean countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-29 SBS Worldwide Holdings

Dartford, United Kingdom

SBS Worldwide Holdings Ltd. is a provider of air and sea transport and logistics solutions.

Buy -
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