Scan Global Logistics buys Gelders Forwarding
Danish forwarder Scan Global Logistics is taking over its Dutch industry partner Gelders Forwarding at the Schiphol airport, located in the town of Rozenburg, in the Netherlands.
On the International Air Transport Association (IATA) top 100 list of air freight exporters, the two companies are listed close together: Scan Global in 47th place with 2142 tons and Gelders in exactly 50th place with 2040 tons. Put together, with these volumes, the two would have had the 29th position in IATA’s 2021 ranking.
Scan Global Logistics was one of the companies to decline on the IATA list, while Gelders, on the contrary, was one of the winners. However, it is the Danes who are now absorbing the Dutch company. Scan Global Logistics reports that François Verhaart, Gelders’ director-owner since 2003, “remains on board to help the business reach its full potential.
Series of acquisitions
Scan Global Logistics previously set itself the goal of joining the top 15 international air and sea freight forwarders within a few years, and has already made a series of acquisitions in that context. The acquisition of Gelders Forwarding is not the only one. In Hungary, the Danes acquired the company Advection Logistics. Earlier in the week Scan Global Logistics also announced the acquisition of Sea-Air Logistics, a company headquartered in Hong Kong. Where the Danes want to increase their ‘European footprint’ with the acquisitions at Schiphol and in Hungary, the Sea-Air acquisition should achieve this goal in Asia.
Gelders Forwarding, according to its new Danish owners, is particularly strong in semiconductor logistics, with a customer base of “well-known, international technology brands,” and should thus help Scan Global Logistics gain an enlarged customer base and a strengthened position in air freight. In fact, another of Gelders’ specialties, the transportation of live animals, is entirely new to the Danish forwarder’s portfolio. Together the two companies have over seventy employees at Schiphol.