The company is a full-service provider of cold chain logistics to the food industry, with a particular focus put on meat producers.
The HSF Logistics Group, 1,800 employees-strong, operates from 22 locations across Europe and includes the N&K Spedition, Skive Køletransport, and Eurofresh brands. The company runs a fleet of around 700 trucks and 1,700 reefer trailers, both owned and leased units.
Services provided by the company include collection from food producers, packaging, storage, processing services, and distribution of both part- and full-loads.
The main flows handled by the HSF Logistics Group are from the Netherlands to the UK and Germany, and from Denmark to the UK and southern Europe. Front-loads are mainly meat and seafood, while back-loads include fruits, vegetables, frozen fries, dairy products, and meat.
DFDS acquires the HSF Logistics Group for a debt-free price of DKK2.2bn (€296m).
"I am very excited about the acquisition of HSF Logistics Group as it significantly expands our customer offering to a wide range of food producers. It also opens the door for new growth opportunities and adds freight volumes to our ferry route network," Torben Carlsen, CEO, DFDS, said.
Martin Gade Gregersen, CEO, the HSF Logistics Group, also commented, "By becoming part of DFDS we gain access to new growth opportunities. It enables us to offer customers wider market coverage and use our combined expertise to develop even more efficient and reliable solutions."
Photo: HSF Logistics