DSV Panalpina buys Global Integrated Logistics for $4.1 billion

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DSV Panalpina has bought Agility’s Global Integrated Logistics, with significant gains for its Road, Solutions and Sea & Air divisions, and making it one of the top three logistics providers globally

Logistics giant DSV Panalpina is buying Global Integrated Logistics (GIL), the freight forwarding and contract logistics division of Agility Logistics. The latest acquisition positions DSV as one of the top three transport and logistics providers globally. DSV said the acquisition would build on its presence in Asia Pacific and the Middle East, and that GIL’s warehousing capacity would be a strong addition to the DSV Solutions division, which manages contract logistics services for a range of industries including automotive. 

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