DSV Panalpina Acquires Prime Cargo

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DSV Panalpina acquires Prime Cargo

DSV Panalpina has acquired Prime Cargo from Mitsui-Soko Group in Japan. The acquisition includes Prime Cargo’s activities in Denmark, Poland and China. Prime Cargo is headquartered in Kolding, Denmark, but operates internationally and has activities in both Poland and China.

DSV says the acquisition of Prime Cargo offers new opportunities for both companies and their customers. Prime Cargo’s customers will benefit from a global network and new services, and existing DSV customers will get access to strong capabilities within e-commerce and fashion retail.

“Together, we can offer our customers much more. We will strengthen the product offerings to our combined global customer portfolios, which will have a global one-stop service with great value-adding services”, says Henrik Nielsen, Executive Vice President, DSV Air & Sea, Northern Europe.

“Prime Cargo in Denmark is a renowned and leading brand in e-commerce and fashion logistics. It fits perfectly into the strategic portfolio of our Danish DSV divisions. In e-commerce we will offer state-of-the-art competitive automated warehousing services with ambitious growth opportunities,” says Marcel Blomjous, Managing Director, DSV Solutions, Denmark.

“We are proud that DSV Panalpina values Prime Cargo’s strong competencies within e-commerce and fashion and that these will act as cornerstones in the growth strategy for the Danish organisations. We believe the acquisition provides a unique opportunity to link our industry focus with DSV’s global network.”

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