Norbert Dentressangle's acquisition of Daher's freight forwarding activities is
completed
Following Norbert Dentressangle's announcement on 16th July 2013 of the
agreement to take over Daher's freight forwarding activities, French
competition authorities approved the operation on 26th September. The deal is
now completed.
The Daher operations include a network of eight offices in France and three in
Russia, a total of 287 employees and achieved a turnover of €80m in 2012.
Reaching a critical size in the freight forwarding market with strengthened
presence in France
.
This operation is in line with the Group's Freight Forwarding growth strategy,
launched from scratch in 2010. In acquiring Daher's freight forwarding
activities, Norbert Dentressangle is further adding to its global freight
forwarding offering and reaches an initial level of consolidation with annual
turnover close to €220m which will immediately improve profitability of its
freight forwarding business. Norbert Dentressangle's sizeable freight
forwarding activity now consists of 800 people in 56 offices with a presence in
14 countries and 3 continents. Norbert Dentressangle achieves a significant
presence in France with a network of eight offices (Roissy, Le Havre,
Strasbourg, Marseille, Lyon, Lille, Nantes and Toulouse) and reaches a critical
size in this market.
An impressive client portfolio, mainlyblue chipindustrialand luxury goods
customers.
By taking over Daher's freight forwarding activities, Norbert Dentressangle
strengthens its links with major clients in the aviation, automotive, chemical
and luxury goods sectors, all of whom recognise and expect the experience and
expertise offered by Daher's skilled workforce.
Solid experience in Russia
In acquiring a leading freight forwarding and customs clearance specialist,
with 103 employees spread across Moscow, Ekaterinburg and Saint Petersburg,
over 20 years experience and with a turnover of over €15m, Norbert
Dentressangle is acquiring an excellent and well established position in
Russia.
About Norbert Dentressangle:
Norbert Dentressangle is an international transport, logistics and freight
forwarding company, with in 2012, €3.9 billion turnover of which 59% outside
France, 32,500 people and a presence in 26 countries. Norbert Dentressangle
develops high added value solutions in its three sectors, across Europe,
America and Asia, and places sustainable development at the heart of all its
activities. Norbert Dentressangle, which is listed on the CAC Small & CAC All
Tradable, is headed by Hervé Montjotin.
NYSE Euronext Paris (Category B) / NYSE Euronext London, GND, Code: ISIN FR0000052870
www.norbert-dentressangle.com
Contacts :
Norbert Dentressangle DGM Conseil
Directeur de la communication Relations Presse
Thierry LEDUC - Tel : +33 4 72 83 66 00 Mathilde LISE - Tel : +33 1 40 70 11 89
Email : thierry.leduc@norbert-dentressangle.com Email : mathilde@dgm-conseil.fr
Thomas de Climens - Tel : +33 1 40 70 11 89
Email : thomasdeclimens@dgm-conseil.fr