Dachser acquires Transunion
Author: AJOT | Jan 17 2013 at 07:00 PM | Category: Transport Intermediaries
Dachser Transport of America Inc. (Dachser USA), the U.S. division of one of the world’s leading global logistics service providers, has announced that Dachser has acquired Transunion S.A, a leading Spanish air and sea freight logistics provider.
The Transunion acquisition is part of Dachser’s Global 2.0 strategic growth program to expand its logistics network worldwide for greater reach and value for customers. “The acquisition of the complementary Transunion network allows us to offer our customers even better access to the Latin American market as well as an excellent presence in mainland Spain and Turkey,” said managing director Thomas Reuter, who is responsible for the Dachser Air & Sea Logistics business division.
Transunion (TU) has revenue of roughly 95 million euro per year. The company has been a market leader in the U.S.-Spain transatlantic tradelane since its opening in Barcelona in 1978. Currently Transunion has more than 200 employees in eight strategic locations in Spain and six offices in Turkey and Latin America.
“The combination of Dachser and Transunion offers U.S. shippers a complete, integrated transportation package including air and ocean transport, import and export, logistics and warehouse solutions as well as customs brokerage services,” said Frank Guenzerodt, President and CEO of Dachser USA.
Dachser now considers itself well-positioned in the Spanish market following the buyout of Azkar in the overland freight market announced last month. The two acquisitions enable the company to cover nearly all areas of logistics on the Iberian Peninsula.
“Dachser and Transunion are not only well matched by virtue of their services portfolio in the air and sea freight segment. The fact that both companies are family enterprises also means that they have a very similar mindset,” Reuter says, explaining the rationale behind the merger.