DSV Panalpina has completed the acquisition of Prime Cargo’s activities in Denmark, Poland and China from Japan-based forwarder Mitsui-Soko Group.
Prime Cargo is headquartered in Kolding, Denmark, but operates internationally and also has freight, warehousing and logistics activities in both Poland and China. It specialises in e-commerce and fashion retail.
“DSV Panalpina and Prime Cargo share the same values and way of doing business, providing high quality personal service at competitive prices, and together we will be able to achieve more,” said Henrik Nielsen, executive vice president, DSV Air & Sea, Northern Europe.
DSV said that daily operations will continue as usual.
The deal was first announced in October.
Damian has been writing about the freight and logistics industry since 2007 when he joined International Freighting Weekly to cover the shipping sector. After a stint in PR, he went on to work for Containerisation International and Lloyd’s List - where he was editor of container shipping - before joining Air Cargo News in 2015.View full profile
