DSV Acquires Netherlands S&H to Enhance E-commerce Division
Danish transport and logistics company DSV recently announced they have acquired Netherlands-based S&H, a leader in Europe for multi-channel fulfilment.
Brian Ejsing, CEO of the DSV Solutions division explained, “S&H has proven itself as a champion within product fulfilment in the Benelux region, and we are very pleased to announce that S&H is now part of the DSV Group.”
Mr. Ejsing further added, “We have been on the lookout for a suitable add-on acquisition to boost our capabilities within e-commerce, specifically multi-channel fulfilment. S&H is a great fit for DSV, and we are looking very much forward to taking full advantage of S&H’s expertise within this field.”
S&H a leader in their field offer a comprehensive range of services: warehousing; response handling; financial fulfilment; product fulfilment; European distribution; customer service; returns handling; e-fulfilment and supply chain management.
Final agreements, signing and closing was concluded on September 4th 2018 with DSV acquiring 100% of S&H’s shares.
Hans Elshout former CEO of S&H will step aside but will continue to work for DSV in an advisory role. In his place steps Peter van der Maas, EVP of the DSV Solutions division who will act as managing director. S&H will remain as a stand-company but under the name of DSV Multi-channel Fulfilment.
Peter van der Maas had this to say about his new role and the acquisition, “I am delighted to assume this new role and equally delighted to head up a team of experts in multi-channel fulfilment. S&H has a unique value proposition supported by a sophisticated and flexible IT system making multi-channel fulfilment simple. We want to continue the S&H tradition of helping customers excel in their markets.”