DSV Panalpina Acquires Agility's Global Integrated Logistics (GIL)
April 27, 2021
DSV Panalpina A/S will acquire Agility’s Global Integrated Logistics (GIL) business in an all‑share transaction that will make Agility an ~8% shareholder of DSV. The deal values GIL at about USD 4.1 billion and is expected to close in Q3 2021, combining networks to create a top‑three global freight forwarder and materially expanding DSV’s presence in APAC and the Middle East.
- Buyers
- DSV Panalpina A/S
- Targets
- Agility Global Integrated Logistics (GIL)
- Sellers
- Agility
- Industry
- Transportation
- Location
- Kuwait
- Transaction Type
- Buyout
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