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Jens Bjørn Andersen became CEO in August 2008. In 2009 DSV turned over Euro 4,844 billion and realised pre-tax profits of Euro 61.8 million <ref>http://www.dsv.com (Company Background/Press)</ref>.
Jens Bjørn Andersen became CEO in August 2008. In 2009 DSV turned over Euro 4,844 billion and realised pre-tax profits of Euro 61.8 million <ref>http://www.dsv.com (Company Background/Press)</ref>.


==DSV Milestones==

'''2009'''
DSV and LOS INKAS Group of Companies enter into a joint venture under the name DSV-GL.

'''2008'''
DSV acquires ABX LOGISTICS.
DSV acquires Roadferry Ldt.
DSV divests its 50% stake in Tollpost Globe AS.

'''2007'''
DFDS Transport changes its name to DSV.

'''2006'''
DSV acquires Koninklijke Frans Maas Groep N.V., thereby becoming the third transport company with its own Road activities in all of Europe.

'''2005'''
DSV acquires J.H. Bachmann GmbH to strengthen the Air & Sea Division.

'''2004'''
DSV divests DSV Miljø A/S (Environment Division) to focus more on the transport and logistics parts of the DSV Group.
DSV buys back the remaining 50% of the Logistics Division from TNT.

'''2003'''
DSV, De Sammensluttede Vognmænd af 13-7 1976 A/S changes its name to DSV A/S.

'''2002'''
DSV enters into a 50/50 joint venture with TNT regarding DFDS Transport Logistics A/S.

'''2000'''
DSV acquires DFDS Dan Transport Group A/S. The transport and logistics activities of DSV are quadrupled.

'''1997'''
DSV acquires Samson Transport Co. A/S, thereby tripling the transport and logistics activities of the Group.

'''1987'''
DSV is listed on the Copenhagen Stock Exchange.

'''1976'''
DSV, De Sammensluttede Vognmænd af 13-7 1976 A/S, is founded by ten independent hauliers.






Revision as of 13:48, 2 September 2010

DSV A/S
Company typePublicly-traded Aktieselskab (Nasdaq CopenhagenDSV)
IndustryTransport
Founded1976
HeadquartersBrøndby, Denmark
Key people
Jens Bjørn Andersen (CEO), Kurt K. Larsen (Chairman of the supervisory board)
ServicesRoad transport, freight forwarding, contract logistics
RevenueDKK 36.09 billion (2009)[1]
DKK 1.015 billion (2009)[1]
DKK 185 million (2009)[1]
Number of employees
21,280 (2009)[1]
DivisionsRoad, Air & Sea, Solutions
Websitewww.dsv.com

DSV A/S

DSV A/S, simply known as DSV, is a Danish transport company offering road, air, sea and logistical transport services throughout the world. Since its foundation in 1976 by 10 independent Danish haulers, the company has achieved rapid expansion and international presence, predominantly through a series of strategic competitor acquisitions, the most important being Samson Transport (1997), DFDS Dan Transport (2000), Bachmann (2004), Frans Maas (2006) and ABX Logistics (2008) [2].


With headquarters in Copenhagen, Denmark, and offices in more than 60 countries, DSV employs approximately 21,000 people and collaborating with partners and agents worldwide [3]. DSV is listed on NASDAQ OMX Copenhagen (Copenhagen Stock Exchange) and included in the OMXC20 index as one of the 20 most traded stocks [4].


The company is structured in three divisions, DSV Road, DSV Air & Sea and DSV Solutions. Its biggest activity lies within the European road transport (trucking) network, followed by its air and sea freight forwarding business. The group also has a growing pan-European contract logistics business [5]. As part of an asset-light financial strategy to maintain fixed costs at a minimum and be able to quickly respond to market fluctuations, DSV does not own any ships or aeroplanes and only a small number of trucks and trailers [6].


Jens Bjørn Andersen became CEO in August 2008. In 2009 DSV turned over Euro 4,844 billion and realised pre-tax profits of Euro 61.8 million [7].


DSV Milestones

2009
DSV and LOS INKAS Group of Companies enter into a joint venture under the name DSV-GL.

2008
DSV acquires ABX LOGISTICS.
DSV acquires Roadferry Ldt.
DSV divests its 50% stake in Tollpost Globe AS.

2007
DFDS Transport changes its name to DSV.

2006
DSV acquires Koninklijke Frans Maas Groep N.V., thereby becoming the third transport company with its own Road activities in all of Europe.

2005
DSV acquires J.H. Bachmann GmbH to strengthen the Air & Sea Division.

2004
DSV divests DSV Miljø A/S (Environment Division) to focus more on the transport and logistics parts of the DSV Group.
DSV buys back the remaining 50% of the Logistics Division from TNT.

2003
DSV, De Sammensluttede Vognmænd af 13-7 1976 A/S changes its name to DSV A/S.

2002
DSV enters into a 50/50 joint venture with TNT regarding DFDS Transport Logistics A/S.

2000
DSV acquires DFDS Dan Transport Group A/S. The transport and logistics activities of DSV are quadrupled.

1997
DSV acquires Samson Transport Co. A/S, thereby tripling the transport and logistics activities of the Group.

1987
DSV is listed on the Copenhagen Stock Exchange.

1976
DSV, De Sammensluttede Vognmænd af 13-7 1976 A/S, is founded by ten independent hauliers.


References

  1. ^ a b c d "Annual Report 2009" (PDF). DSV. Retrieved 2010-03-31.
  2. ^ http://www.dsv.com
  3. ^ http://www.dsv.com (Company announcement no. 349)
  4. ^ http://www.nasdaqomxnordic.com/index/index_info?Instrument=DX0000001376
  5. ^ http://www.shippingline.biz/Logistics/DSV-and-FRANS-MAAS-confirm-their-intend-to-merge.html
  6. ^ http://www.businessweek.com/news/2010-01-11/dsv-ceo-sees-end-to-losses-after-management-shakeout-update2-.html
  7. ^ http://www.dsv.com (Company Background/Press)