Dachser acquires Transunion
Dachser aquires Transunion - RTG Communications
Dachser aquires Transunion - RTG Communications
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PRESS RELEASE<br />
<strong>Dachser</strong> <strong>acquires</strong> <strong>Transunion</strong><br />
<strong>Dachser</strong> is expanding its Air & Sea Logistics business field with 15 additional locations<br />
in five countries<br />
Hong Kong, 21.01.2013. Effective retroactively from the beginning of the year, the<br />
internationally operating logistics provider, <strong>Dachser</strong>, has acquired the Spanish air and sea<br />
freight forwarder <strong>Transunion</strong> S. A. subject to approval by the antitrust authorities. The company<br />
employs a staff of 235. In addition to nine offices in Spain the company is also represented in<br />
Turkey, Argentina, Peru and Mexico.<br />
<strong>Dachser</strong> is continuing to expand its global logistics network in line with its Global 2.0 strategic<br />
growth programme. “The acquisition of the complementary <strong>Transunion</strong> network allows us to<br />
offer our customers even better access to the Latin American market as well as an excellent<br />
presence in mainland Spain and Turkey,” <strong>Dachser</strong> managing director Thomas Reuter,<br />
responsible for the Air & Sea Logistics business field explains the acquisition. Founded in<br />
1978, <strong>Transunion</strong> (TU) is expected to post revenue of EUR 95 million in fiscal 2012.<br />
“We are delighted that the shareholder families of TU have decided to shape the future of the<br />
company as an integral part of <strong>Dachser</strong>,” Reuter says.<br />
For his team and himself, CEO Federico Camáñez, who has in particular decisively influenced<br />
the international development of <strong>Transunion</strong> over the past 20 years, sees the merger with<br />
<strong>Dachser</strong> as both a challenge and an opportunity for customers and staff. He will continue to be<br />
responsible for the management of the entire group and will report directly to Thomas Reuter.<br />
<strong>Dachser</strong> now considers itself well-positioned in the Spanish market following the buyout of<br />
Azkar for the overland freight segment announced just last month. The two transactions enable<br />
the company to cover nearly all areas of logistics on the Iberian Peninsula.<br />
”<strong>Dachser</strong> and <strong>Transunion</strong> are not only well matched by virtue of their services portfolio in the<br />
air and sea freight segment. The fact that both companies are family enterprises also means<br />
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<br />
competent experts.<br />
The two companies have already cooperated for over 15 years. For the owners of <strong>Transunion</strong><br />
the most important consideration is to secure the company’s continued existence and the<br />
future of its staff within an internationally expanding logistics provider like <strong>Dachser</strong>.<br />
Overview of <strong>Transunion</strong> locations and countries:<br />
Spain: head office in Valencia, where the whole TU group is domiciled. Two offices in Valencia,<br />
one in Barcelona, Alicante, Murcia, Sevilla, Vigo, Madrid and Bilbao.<br />
Turkey: head office in Izmir, branch offices in Istanbul and Mersin<br />
Peru: Lima<br />
Argentina: Buenos Aires<br />
Mexico: Mexico City<br />
Ends<br />
About <strong>Dachser</strong><br />
<strong>Dachser</strong> is an international logistics services provider headquartered in Kempten/Germany, where the<br />
company was founded in 1930 by Thomas <strong>Dachser</strong>.<br />
The company's mission is to improve the logistics processes of its customers. In 2011, <strong>Dachser</strong><br />
generated total revenue of EUR 4.3 billion.<br />
21,000 staff working in 315 profit centres worldwide handled 49.3 million consignments weighing a total<br />
of 37.1 million tons.<br />
<strong>Dachser</strong> Far East Ltd. is a 100% owned subsidiary of the <strong>Dachser</strong> Group. The company employs more<br />
than 700 people offering services from freight forwarding by air & sea, trucking, warehousing to contract<br />
logistics in 17 locations in Greater China with its regional head office in Hong Kong.<br />
About <strong>Transunion</strong>:<br />
<strong>Transunion</strong> S. A. generated total revenue of approx. EUR 95 million in 2012 with a staff of 235<br />
employees.<br />
For media enquiries please contact:<br />
Kristel Stindel<br />
<strong>Dachser</strong> Far East Ltd.<br />
Tel: +852 2751 5718<br />
Fax: +852 3764 0356<br />
Email: kristel.stindel@dachser.com.hk<br />
Russell Green<br />
RTG Communications<br />
Tel: +852 2858 7176<br />
Fax: +852 2893 3486<br />
Email: rtgc@rtgcommunications.com