DFDS Acquires International Transport Network Connecting Türkiye And Europe From Ekol Logistics

By | 2024 Newsletter week 47 | No Comments

DFDS has completed the acquisition of Ekol Logistics’ international transport network, strengthening connections between Türkiye and Europe. The revised (*) agreement includes updates to the terminal agreement with Yalova Port and reinforces Türkiye’s role as a key manufacturing hub.

Key highlights:
Expected 2024 revenue: DKK 3.3bn
3,700 employees joining DFDS
Acquisition value: DKK 1.8bn

“This acquisition enhances our ability to support Türkiye’s growth and strengthens our Mediterranean business,” says Torben Carlsen, CEO of DFDS.

The network spans 10 European countries and integrates road, ferry, and rail, positioning DFDS for significant growth in the region.

(*) On November 1st, DFDS announced that it had terminated the share purchase agreement, and the transaction would consequently not take place. (Source: DFDS)