Target: Van Dingenen Transport
Seller: Van Dingenen Transport
Advisory sell side: Crowe Foederer | M&A Advisory
Banning | Legal Advisory Corporate M&A
Buyer: Globitas
Advisory buy side: BJTK | Legal Advisory Corporate M&A
Date announced: 2023-05-8

Globitas, a global logistics and transportation company, has recently announced its acquisition of Van Dingenen Transport, a renowned player in the transport and freight industry. The strategic acquisition is expected to strengthen Globitas' position in the European market and enhance its capabilities in providing comprehensive logistics solutions.

Van Dingenen Transport, based in Belgium, has built a solid reputation for its expertise in road transportation, offering a wide range of services including freight forwarding, warehousing, and distribution. With a strong customer base and a fleet of well-maintained vehicles, the company has established itself as a reliable and efficient partner in the transport sector.

By acquiring Van Dingenen Transport, Globitas aims to expand its service offerings and geographic reach. The acquisition will allow Globitas to tap into Van Dingenen Transport's extensive network and leverage its local expertise to provide enhanced transportation solutions to clients across Europe. This strategic move aligns with Globitas' long-term growth strategy and commitment to delivering exceptional services to its customers.

The acquisition process will involve the integration of Van Dingenen Transport's operations and personnel into Globitas' existing infrastructure. Both companies will work closely to ensure a smooth transition and minimize any disruption to ongoing operations. Customers of Van Dingenen Transport can expect continued high-quality service while benefiting from the expanded resources and global reach of Globitas.

With this acquisition, Globitas reinforces its position as a leading player in the logistics industry. The company is well-known for its comprehensive suite of services, including air freight, ocean freight, customs brokerage, and supply chain management. By combining the strengths of both organizations, Globitas aims to enhance its competitive advantage and provide a more extensive and efficient service portfolio to its customers.

The financial terms of the acquisition have not been disclosed publicly at this time. However, it is clear that Globitas' investment in acquiring Van Dingenen Transport reflects its commitment to strategic growth and its determination to strengthen its presence in the European transport and logistics market.

In summary, the acquisition of Van Dingenen Transport by Globitas represents a significant milestone for both companies. It enables Globitas to expand its capabilities, access new markets, and deliver enhanced logistics solutions to its customers. With a shared vision of excellence and a commitment to customer satisfaction, this acquisition sets the stage for a successful partnership between two prominent players in the transportation industry.

Source: MenA