Sale of SBS Worldwide (Holdings) Limited to DSV A/S

Deal typeM&A
IndustryBusiness Services

BDO Corporate Finance advised the Shareholders of SBS Worldwide (Holdings) Ltd on its sale to DSV A/S. SBS is a well established c£50m turnover freight forwarding business with strategic trade lanes operating between the UK, US, China and Europe. This acquisition complements a number of international trade lanes operated by DSV.    "SBS Worldwide is an excellent match for DSV. It is a well-run company with good customer relations and a high service level. The US and UK are already important markets for DSV and the acquisition of SBS will strengthen us further" said Jens Bjørn Andersen, CEO, DSV A/S.   This transaction continues to support BDO’s exceptional global credentials in the Transport & Logistics sector.