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Dachser acquires Transunion

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

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