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16 August 2021

Moalem Weitemeyer assists DSV Panalpina in connection with the transaction, which was completed as an all-share deal.

 completes the acquisition of Agility’s Global Integrated Logistics Business (GIL)

The acquisition of GIL will fortify DSV Panalpina’s position as a market leader and create a global top 3 player in the freight forwarding industry with a combined pro forma revenue of approximately DKK 160 billion and a combined workforce of more than 75,000 employees. 

GIL generates an annual revenue of USDbn 4.6, of which approximately 80% is related to Air & Sea freight, and has around 17,000 employees providing services across 100 countries.

Moalem Weitemeyer assisted DSV Panalpina in connection with the transaction, which was completed as an all-share deal.

“For our Firm, it has been a very rewarding assignment to advise DSV Panalpina and its hard working executives and employees in yet another jumbo-deal”, says Dan Moalem. “Completing such an assignment in so many jurisdictions in such a short time, is possible only due to a strong team of co-counsels from around the world. A special thank you for arranging the completion is extended to Skadden, Arps, Slate, Meagher & Flom LLP and AffiliatesAl Tamimi & Company and De Brauw Blackstone Westbroek, and to our opposing counsels from Latham & WatkinsMeysan Partners and Loyens & Loeff", Dan Moalem concludes.

Dan Moalem

Partner

+45 30 37 96 10

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Henning Aasmul-Olsen

Partner

+45 30 37 96 50

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Pernille Nørkær

Partner

+45 30 37 96 40

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Rasmus Juel Schiøtt

Partner

+45 30 37 96 22

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Henning Hedegaard Thomsen

Partner

+45 30 37 96 18

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Sarah Veje Rasmussen

Senior Associate

+45 30 37 96 62

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Joachim Buznicki Nørlem

Associate

+45 30 37 96 02

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Rasmus Klosterskov Amby

Associate

+45 30 37 96 97

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Mads Rosleff Øbro

Associate

+45 30 37 96 98

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