Port Wings News Network:
DSV, provider of supply chain solutions for thousands of companies every day – from the small family run business to the large global corporation, has acquired S&H, which offers a comprehensive range of end-to-end fulfilment services –warehousing; response handling; financial fulfillment, e-fulfilment and supply chain management. Signing and closing took place 4 September 2018, at which time DSV A/S acquired 100% of S&H’s shares.
Boosting DSV e-fulfilment capabilities
Brian Ejsing, CEO, DSV Solutions division, said, “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.”
Brian Ejsing stated: “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 holds a leading position in multi-channel fulfilment in Europe and offers a comprehensive range of services: warehousing; response handling; financial fulfilment; product fulfilment; European distribution; customer service; returns handling; e-fulfilment and supply chain management.
S&H is based in the Netherlands and employs approximately 120 people (67 FTEs).
With the acquisition, Hans Elshout has stepped down as CEO, but will continue to work for DSV in an advisory capacity. Peter van der Maas, EVP of the DSV Solutions division, has assumed the position as Managing Director in his place. S&H will continue as a stand-alone company under the name of DSV Multi-channel Fulfilment.
Peter van der Maas stated: “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”.
With the addition of S&H, DSV will be able to offer customers a wider range of services within the fields of both business-to-business and direct-to-consumer multi-channel fulfillment.