DSV expands US footprint
DSV has strengthened its position within the semiconductor industry with the acquisition of US-based transport and logistics companies S&M Moving Systems West and Global Diversity Logistics. The acquisitions will also supportDSV’s growing cross-border services to Latin America.
DSV noted that the transactions are expected to be completed in April 2023, pending all legal formalities.
Headquartered in Phoenix and Chandler, Arizona, S&M Moving Systems West and Global Diversity Logistics are both run by the same family. They have a total of 130 employees and operate across 11 sites in Oregon and Arizona. Together they provide services within domestic road freight, international air and sea freight, warehousing, tradeshow logistics and specialist solutions to support the semiconductor industry.
“We have a strong presence in the US, and these acquisitions underline our continuous commitment to strengthening our US position, competencies and service offerings. They also provide access to a strong heritage and a wealth of knowledge and experience in the semiconductor industry,” says Niels Larsen, president DSV Air & Sea US.
These acquisitions will expand DSV’s existing US footprint, particularly in Arizona, and bring together its air and sea, road and warehousing divisions with the new acquisitions.
Enhancing DSV’s cross-border solutions
The acquisitions of S&M Moving Systems West and Global Diversity Logistics go hand-in-hand with DSV’s new Phoenix-Mesa Gateway Airport operations and air charter expansion in Arizona. Customer demand for services to Latin America continues to grow, and these acquisitions will support the development of DSV’s cross-border services and provide customers with a reliable and efficient additional gateway to Latin America.
Robert Greene, executive vice president, DSV Road US is excited about how these acquisitions will also benefit DSV’s growing cross-border operations:
“We have recently expanded our cross-border operations to facilitate the growing trade between the US and Mexico. We are currently supporting a range of customers across various industries and can now provide a reliable alternative to Miami. With two official gateways into Latin America, we are better placed to support customer needs, particularly during busy periods and congestion,” he says.
Arizona is also emerging as an electric vehicle sales and manufacturing hub, and the extra infrastructure and workforce of these acquisitions will also help DSV provide additional solutions for its existing customers.
“As a result of these acquisitions, we will be gaining 130 new colleagues, additional transport assets and over 1 million sq. ft of logistics centres. This will strengthen our US operations and provide the potential to develop our contract logistics business further in these regions,” says Michael Marlow, President, DSV Solutions US.