The current operations of Unifeeder are complementary to DP World’s existing business lines
DP World announced the acquisition of 100% of the Unifeeder Group for €660 million. Based in Aarhus (Denmark), Unifeeder operates the largest and most densely connected common user container feeder and an important and growing shortsea network in Europe, serving both deep-sea container hubs and the intra-Europe container freight market.
The acquisition of Unifeeder will further enhance DP World’s presence in the global supply chain and broaden its product offering to its customers – the shipping lines and cargo owners – with a view to ultimately reduce inefficiencies and improve the competitiveness of global trade.
The current operations of Unifeeder are complementary to DP World’s existing business and provide future growth opportunities.
“We are delighted to add the Unifeeder brand under the DP World umbrella, which supports our strategy to grow in complementary sectors, said Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World.
“We are excited to join the DP World Group as we believe that Unifeeder will benefit from the Group’s significant expertise in the wider supply chain and excellent relationships with shipping lines and end cargo owners,” commented Jesper Kristensen, CEO, Unifeeder.