DSV buys Roadferry from Peel Ports

DSV buys Roadferry from Peel Ports DSV Road Holding Ltd. on Friday competed the takeover of Roadferry Transport Ltd. and Roadferry Transport (Ireland) Ltd. from the Peel Ports Group.
   No financial details were disclosed for the transaction, which was not subject to approval by any authorities.
   “This acquisition enables DSV to become a market leader in the important market between Great Britain and Ireland, thereby strengthening the existing road division in both Great Britain and Ireland,” the company said in a statement. “Moreover the business area of the division within pallet distribution services in Great Britain and Ireland is extended through Roadferry’s involvement in Palletline.”
   DSV intends to integrate Roadferry into its existing organizational structure within the U.K. and Ireland. Roadferry Managing Director Jim McGhee will take up a company director role within DSV.
   Roadferry’s expected annual revenue for the fiscal year ended March 31 is '48 million ($95.3 million)
   DSV is a subsidiary of DSV Holding, which has its corporate head office in Copenhagen, Denmark.