DSV-Panalpina merger creates world’s second largest airfreight forwarder

August 28, 2019 Gubba Pharma In E News

DSV has announced that its acquisition of Panalpina will finally be completed in a deal worth $5.5bn.
The combined company will be recognised as DSV Panalpina and the merger will result in the creation of the second-largest airfreight provider in the world – DHL currently leads the pack.
Panalpina is a provider of supply chain solutions with 14,500 employees in 70 countries.
After the merger, the workforce will be 60,000 and the company will have a presence in 90 countries. Revenue is expected to be DKK118bn per year.

Source : linkedin

About the author

Gubba Group:


Plot no-118-A, Five Star Industrial Area, MIDC, Shendra, Aurangabad.


Survey No.271,Muppireddypalli (Village),Toopran Mandal, Medak District, Hyderabad,Telangana


Survey No.255, Kandlakoya Village, Medchal R R Dist, Hyderabad,Telangana


Plot No. 101 & 103 IDA Medchal R R District, Hyderabad,Telangana


Plot No. 101 & 103 IDA Medchal R R District, Hyderabad,Telangana

Survey No. 46, Mediciti Hospital, Rajbollaram (village),Medchal R R Dist, Hyderabad,Telangana

Survey No.741 Lalgadi Malakpet VillageShameerpet Mandal, R R Dist, Hyderabad,Telangana

Plot : C-8/2a, Industrial Area, Uppal, Hyderabad,Telangana

Plot No.1, Survey No.85/A, Yellampet, Medchal R R Dist, Hyderabad,Telangana

Plot No.2 Survey No.85/A, Yellampet, Medchal R R Dist, Hyderabad,Telangana

Survey No.150&151, Athavelli village, Medchal R R Dist, Hyderabad,Telangana

Survey No.150&151, Athavelli village, Medchal R R Dist, Hyderabad,Telangana

Survey No : 84 C & G, Yellampet Village, Medchal Mandal, R.R Dist, Hyderabad,Telangana


MCJR+C4 Nutankal, Telangana


Banda Mailaram, Telangana 502336


Plot : C-8/2a, Industrial Area, Uppal, Hyderabad,Telangana


Aanaram, Telangana 500043


Kothur Village, Telangana 502279


Visakhapatnam, Andhra Pradesh 530012


Surat, Gujarat 396430


Gundlapochampally, Telangana 500014


MEDCHAL, NEAR ELECTRICAL OFFICE, 501401 R R DIST. Hyderabad


Hyderabad, Telangana 501401


Siddipet, Telangana 502279


Medchal Mandal, Hyderabad, Telangana 501401


Nizamabad, Telangana 503230


IDA, Medchal, 501401