Independent journal on economy and transport policy
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The DP World group will buy the company feeder Pan-European Unifeeder
Capital for 660 million euros will be yielded by the society of private Nordic equities
August 7, 2018
The terminalista group DP World of Dubay will buy the company of Danish navigation Unifeeder that work an extended net of services feeder in all Europe centralized on the nordeuropee routes that cross the Sea of the North and the Baltic Sea and on the routes in the basin of the Mediterranean, region in which the company own range in 2013 with the acquisition of the United Feeder Services has remarkablly widenedon 20 September 2013).
The Middle Eastern group has signed in fact an agreement with the society of private Nordic equities Capital in order to buy from the Nordic fund Capital Fund VIII the entire share capital of the Unifeeder, through its holding Holdingselskabet af 10. januar 2013 II A/S, for 660 million euros, acquisition that DP World has specified will carry out currently using funds in budget. According to the forecasts, the transaction will be capacity to term in the last trimester of this year after the approval of the competent authorities.
"We are pleased - it has declared the sultan Ahmed Bin Sulayem, president and managing director of the terminalista group of Dubay - to carry the Unifeeder brand under the umbrella of DP World, to support of our strategy of increase in complementary fields, strengthening our offer of producing and carrying out a wider role in the supply chain total in it dresses of agevolatore of the commercial exchanges. The continuous increase of the employment of container vessels of great dimension - it has observed - has returned for our customers the connections fundamental of elevated quality from the terminals hub and Unifeeder is between the best suppliers than logistic services in this field with a solid reputation in Europe. Our objective is that to take advantage of the experience in-house of Unifeeder and accelerating the increase in this scalabile platform in order to supply value to all the stakeholder. Unifeeder - it has evidenced Ahmed Bin Sulayem - as DP World work according to the principle "common user" and brings to the group a remarkable proposal of value regarding the international companies of navigation and to the owners of the goods being profitable the supply chain total more efficient and economically favorable".
Nordic Capital on 5 April has acquired the Unifeeder in 2013 buying it from the society of private Montaguequities 2013). "In last the five years, under the property of Nordic Capital - it has emphasized the managing director of the Unifeeder, Jesper Kristensen - we have enjoyed smash hit and we consider that with the DP World group the Unifeeder brand has the opportunity to accelerate the increase, to expand itself ulteriorly and to carry the company to the next level".
Unifeeder, that it is founded in 1977, has about 400 dependent and center to Aarhus, in Denmark, has archived item 2017 with revenues pairs to 510 million euros.
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