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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