DSV Road Holding has taken over Roadferry from Peel Ports for an undisclosed sum.
Roadferry is expected to report sales of some £48m for the year to the end of March. It has two wholly-owned subsidiaries Roadferry Transport and Roadferry Transport (Ireland). Two thirds of the company’s activities are located in Great Britain and one third in Ireland.
DSV said the road logistics businesses of the two companies were complimentary to that of DSV and both management teams were confident that this will be a very smooth integration process.
“This move will allow DSV to enhance our service offering between Great Britain and Ireland,” said Rene Falch Olesen, managing director of DSV Road in the UK. “We intend to invest in growing Roadferry while bringing the organisation into the DSV family.”
DSV intends to integrate Roadferry into its existing organisational structure within the UK and Ireland. Group management expects this integration to create operational as well as administrative synergies.
Roadferry managing director Jim McGhee will take up a company director role within DSV. Within a few months DSV hopes to improve services and company procedures. The synergies are expected to be fully implemented within a two-year period.
Roadferry was formed in the 1950s and serves a wide range of customers through its national depot network. It is also a member of Palletline, the distribution network for palletised goods. Roadferry offers a range of logistics services covering the transport of full and part loads and groupage consignments.
DSV is the UK is a subsidiary of Danish group DSV Holding. In the UK, it employs more than 1,500 staff in more than 25 locations offering a range of services under the brands DSV Road, DSV Air & Sea and DSV Solutions. Globally it employs more than 19,000 staff in more than 50 countries.