Dachser acquire Spanish logistics firm Transunion
Leading global logistics service provider Dachser announced the acquisition of 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.
Founded in 1978, Transunion (TU) is expected to post revenue of €95 million in fiscal 2012. With a total staff of 235, the Spanish forwarder has nine offices in Spain in addition to representations in Turkey, Argentina, Peru and Mexico. The company has been a market leader in the U.S.-Spain transatlantic tradelane since its opening..
"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.
“We are delighted that the shareholder families of TU have decided to shape the future of the company as an integral part of Dachser,” Reuter says.
For his team and himself, CEO Federico Camáñez, who has in particular decisively influenced the international development of Transunion over the past 20 years, sees the merger with Dachser as both a challenge and an opportunity for customers and staff. He will continue to be responsible for the management of the entire group and will report directly to Thomas Reuter.
Dachser now considers itself well-positioned in the Spanish market following the buyout of Azkar for the overland freight segment announced just last month. The two transactions 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. Both management and staff will continue to service their customers’ respective markets as competent experts.
The two companies have already cooperated for over 15 years. For the owners of Transunion the most important consideration is to secure the company’s continued existence and the future of its staff within an internationally expanding logistics provider like Dachser