DSV acquires S&H to boost e-commerce business
With an aim to expand its e-commerce capabilities, DSV A/S - a supply chain solutions company has signed an agreement on Sep 4, 2018
Sep 06, 2018: With an aim to expand its e-commerce capabilities, DSV A/S - a supply chain solutions company has signed an agreement on Sep 4, 2018 to acquire the Netherlands-based logistics company S&H. S&H will continue as a stand-alone company under the name of DSV Multi-channel Fulfilment.
“S&H has proven itself as a champion within product fulfilment in the Benelux region, and we are very pleased to announce that S&H is now part of the DSV Group,” said CEO of the DSV Solutions division, Brian Ejsing.
“We have been on the lookout for a suitable add-on acquisition to boost our capabilities within e-commerce, specifically multi-channel fulfilment. S&H is a great fit for DSV, and we are looking very much forward to taking full advantage of S&H’s expertise within this field,” he added.
S&H offers a range of services such as warehousing; response handling; financial fulfilment; product fulfilment; European distribution; customer service; returns handling; e-fulfilment and supply chain management.
With the acquisition, Hans Elshout has stepped down as CEO, but will continue to work for DSV in an advisory capacity. Peter van der Maas, EVP of the DSV Solutions division, has assumed the position as MD in his place.
Peter van der Maas commented, “I am delighted to assume this new role and equally delighted to head up a team of experts in multi-channel fulfilment. S&H has a unique value proposition supported by a sophisticated and flexible IT system making multi-channel fulfilment simple. We want to continue the S&H tradition of helping customers excel in their markets.”
With the addition of S&H, DSV will be able to offer customers a wider range of services within the fields of both business-to-business and direct-to-consumer multi-channel fulfilment, including e-fulfilment, financial fulfilment, merchandise logistics for current (retail) customers, sophisticated and flexible IT system and web support and call centre.
From 2000 onwards, with the acquisitions of the DFDS Dan Transport Group, Frans Maas, ABX and UTi Worldwide, DSV emerged as a global freight forwarder.