Freja to acquire Transcargo A/S, Padborg

Transcargo’s transport services will complement the already strong service level in Freja Transport & Logistics

Freja to acquire Transcargo A/S, Padborg

Freja Transport & Logistics A/S (Skive, Denmark) has signed an agreement for acquisition of the transport company Transcargo with head quarter in Padborg, Denmark. Until now, Transcargo has been owned by the founders Bjarne Sell Hansen and Henrik Jürgensen, CEO Torben Mortensen and a number of minor shareholders.

With the acquisition of Transcargo, who has a strong brand in temperature-controlled transports and is among the market leaders at the lines from Denmark to Greece and Poland, Freja Transport & Logistics comes one step closer to its aim of being a full service provider to the transport market. Officially, the transaction will take place on January 1st 2018 but awaits the approval of The Danish Competition Authority.

“We have a clear strategy to strengthen Freja’s position at the transport market. Transcargo’s core services complement our services very well. We see very many interesting possibilities, which are obvious to exploit. It will be very interesting for our customers”, says Freja Group CEO Jørgen Hansen. “Transcargo includes everything we have been looking for. In future, we will to an even greater extend be able to help the customers optimize their value chain to become even more competitive.”

Jørgen Hansen underlines that Transcargo’s activities will be further developed from the strategic positions in Denmark (approx. 50 employees), Sweden (3 employees) and Poland (approx. 90 employees). The staff plays an important role in the future development.

www.freja.dk; www.transcargo.dk

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