DP World completes Unifeeder Group takeover
DP World completed its acquisition of Danish transporter in December
DP World completed its acquisition of Danish transporter Unifeeder last month following the deal’s announcement in August 2018.
Based in Aarhus (Denmark), Unifeeder operates the largest and most densely connected common user container feeder and an important and growing shortsea network in Europe, serving both deep-sea container hubs and the intra-Europe container freight market.
According to DP World, the acquisition of Unifeeder will further enhance its presence in the global supply chain and broaden its product offering to our customers – the shipping lines and cargo owners – “with a view to ultimately reduce inefficiencies and improve the competitiveness of global trade.”
In a statement it added that: “The current operations of Unifeeder are complementary to DP World’s existing business and provides future growth opportunities.”
Unifeeder, founded in 1977, is an integrated logistics company with the largest and best-connected feeder and growing shortsea network in Northern Europe with connectivity to approximately 100 ports. The company provides efficient and sustainable transport solutions for international container shipping lines between international and regional ports and shortsea services to cargo owners with fully multimodal door-to-door solutions, combining seaborne transportation with road and/or rail.
“We are delighted to add the Unifeeder brand under the DP World umbrella, which supports our strategy to grow in complementary sectors, strengthen our product offering and play a wider role in the global supply chain as a trade enabler,” said Sultan Ahmed Bin Sulayem, group chairman and CEO, DP World.
“The ever-growing deployment of ultra-large container vessels has made high-quality connectivity from hub terminals crucial for our customers and Unifeeder is a best-in-class logistics provider in this space with a strong reputation in Europe. Our aim is to leverage on the in-house expertise of Unifeeder and to accelerate growth in this scalable platform to deliver value for all stakeholders. Unifeeder operates on the same common-user principle as DP World and adds to the Group’s strong value proposition to international shipping lines and end cargo owners in making the global supply chain more efficient and cost effective.”
