Nordic Transport Group (NTG), a fast-growing Danish transport and logistic group, today announced the acquisition of all shares in UK-based freight forwarder DAP (UK) Ltd.
“With this acquisition we continue our growth journey and take another step in becoming a truly global freight forwarder. The business fits perfectly into NTG in terms of activities and geography. By implementing our unique partnership-based business model, with focus on shared ownership by key employees, we will together be stronger and able to capitalise on synergies to the benefit of our customers,” said NTG Group CEO Mikkel Fruergaard.
DAP (UK) Ltd. is a full-service freight forwarder with around 30 employees based in three UK offices. It has established a solid position in Road and value added logistics, as well as Air & Ocean transportation services through its close client relationships and an extensive network of global partners. In 2018, DAP generated a revenue in excess of EUR 15 million.
“In becoming part of NTG, our customers will benefit from a broader spectrum of service and extended coverage. It is also a fantastic opportunity for our employees to expand their expertise and strengthen their contribution to our customers’ success. I believe that the benefits of long-term relationships, excellent and expanded customer services that being part of a larger group brings, will take us further in this very dynamic and fast changing business,” said Chairman Clive Julian of DAP (UK) Ltd.