Clearwater International has advised the Danish logistics provider DKI Logistics on its sale to the global logistics provider Rhenus SE & Co. KG (Rhenus Group).
DKI Logistics, one of Denmark’s leading independent third-party logistics providers, offers complete warehousing and supply chain solutions, including a wide range of tailor-made and value-added services. Founded in 2001, the company has become the most automated third-party logistics provider in Denmark, with over 350 employees. DKI Logistics has a unique, fully automated shuttle warehouse and over 280,000 m2 of traditional warehousing facilities, across Horsens, Køge, and Herning in Denmark.
The Rhenus Group is a leading logistics service provider, with global business operations and an annual turnover of €7bn. The Group also has business sites across 970 locations worldwide and employs over 37,500 people.
DKI Logistics becomes a geographical addition to Rhenus Group’s existing coverage in Europe, expanding its presence into the Nordic countries. The transaction results in a strong, joint footprint in the healthcare and FMCG verticals, enabling future cross-selling potentials of the Group’s customers into Denmark, as well as DKI Logistics’ customers into existing Rhenus Group countries.
„It has been essential for us to find a buyer that shares our approach to our staff and customers. We highly cherish our employees and our soft values, so we did not want to compromise on this. With the Rhenus Group, we have found a buyer that shares our mindset completely. Selling your business is an intense process but we have had a very good one with our business partners who have all worked pertinaciously on making all things click in the very best way.“ – Preben Borregaard, CEO, DKI Logistics
„It has been a great pleasure working closely with the owners and management of DKI Logistics and supporting them in finding the ideal new partner for their impressive growth journey. We are deeply impressed by the passion for their business and deep desire to find the right home for DKI Logistics, and its employees. We firmly believe that they have chosen wisely and that the Rhenus Group, with their decentralised management style, suits DKI Logistics like a hand in a glove.“ – Carsten Rydahl, Partner, Clearwater International