DSV Panalpina Buys Logistics Biz From Agility In $4.1B Deal

Law360 (April 27, 2021, 1:42 PM EDT) -- Denmark-based transportation and logistics company DSV Panalpina will buy Global Integrated Logistics from Middle East shipping company Agility Logistics for about $4.1 billion, the companies said Tuesday, in a move meant to grow DSV's worldwide reach.

The all-stock agreement sees DSV Panalpina A/S purchasing GIL from Agility Public Warehousing Co. KSCP, adding to DSV's portfolio a business that last year posted $4 billion in revenue and $257 million in earnings before interest, taxes, depreciation and amortization. Of the $4 billion in total revenue, roughly 80% is related to GIL's air and ocean freight capabilities. GIL also provides road freight logistics services....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!