Displaying items by tag: Lucey Transport
As Afloat reported in July, the ferry giant DFDS had entered an agreement with Lucey Transport Logistics, Ltd to acquire the company, strengthening DFDS’ logistics offerings in Ireland. On 30 September, the companies completed the acquisition.
“We are excited about the integration of Lucey Transport Logistics into DFDS and to welcome our new colleagues into the DFDS Group,” says Niklas Andersson, EVP and Head of DFDS Logistics.
“The strategic fit between DFDS and Lucey means we will be the leading asset-based logistics provider on the Island of Ireland. With the acquisition, we are creating a full platform of services for customers and connecting them to the expansive DFDS network spanning 21 countries in Europe and Turkey.”
The acquisition is part of DFDS’ growth strategy to develop and expand its network and continue to offer improved solutions to customers.
By combining Lucey’s domestic offering with DFDS’ European route network, the Danish ferry and logistics company will be able to offer Lucey’s existing customers from the FMCG and packaging sectors access to international transport services in an increasingly competitive transportation and logistics market.
Danish shipping and logistics operator DFDS has entered into an agreement to acquire Dublin-based Lucey Transport Logistics.
DFDS is continuing to invest in the Irish market by acquiring 100% of the share capital of Lucey Transport Logistics Limited. This follows DFDS’ opening in early 2021 of the ro-ro (by-pass Brexit) freight ferry route between Rosslare Europort and Dunkirk, France.
The operator will benefit from Lucey’s Irish transport and logistics network, which will strengthen its customer offering in the region. This further strengthens DFDS’ logistics offering and allows DFDS to offer more comprehensive domestic and international solutions.
In addition, by combining Lucey’s domestic offering with DFDS’ European route network, the Danish ferry and logistics company will be able to offer Lucey’s existing customers from the FMCG and packaging sectors access to international transport services.
Executive Vice President and Head of Logistics Division, Niklas Andersson says: "The acquisition of Lucey Transport Logistics Ltd greatly enhances our Irish domestic offerings and complements our existing international solutions. We now offer more comprehensive supply chain solutions in the region underpinned by a network covering the entire island of Ireland."
Kevin Lucey, CEO Lucey Transport Logistics Ltd adds "We are delighted DFDS recognises that Lucey transport Logistics is a highly successful business and a leading provider of logistics services on the Island of Ireland. We are proud of the company’s great family history and our loyal customers and dedicated employees. It gives me great satisfaction to know DFDS will continue to grow and expand the business, providing exciting opportunities for our colleagues, in one of the largest logistics companies in Northern Europe."
Under the terms of the agreement, DFDS will now operate a distribution centre in Dublin and regional depots in key locations across Ireland. In addition, DFDS will take over Lucey Transport Logistics’s substantial trucking operations and their 400 trailers.
The transaction is subject to competition clearance.
