AWT Cechofracht a.s. has a strong market position in the Czech Republicoffering
several forwarding and logistics services. The agreement includes the road,
air and sea freight activities and contract logistics of AWT Cechofracht and
will as such strengthen the market position of all three DSV divisions in the
In the last 12 months, the activities acquired from AWT Cechofracht a.s. has
generated revenue of approximately EUR 30 million.
"AWT Cechofracht a.s. is an important player with strong traditions in the
Czech market. The activities acquired match the current DSV activities in the
Czech Republic well and will furthermore create a complete local distribution
network" says Group CEO Jens Bjorn Andersen.
The transaction will have effect from 27 September 2012. The parties have agreed
not to disclose the purchase price.