DSV

DSV A/S is a Danish transport and logistics company offering global freight services by road, air, sea and rail. It was founded in 1976 as an association of nine independent Danish hauliers under the name "De Sammensluttede Vognmænd". The business is organised into three divisions: Air & Sea (air and sea freight forwarding), Road (road transport) and Contract Logistics (contract and warehousing logistics). The company grew primarily through acquisitions of competitors, following an asset-light strategy that avoids owning ships or aircraft. In 2019 DSV acquired the Swiss company Panalpina and operated transitionally as DSV Panalpina. In 2021 the group bought the Global Integrated Logistics (GIL) business of Kuwait-based Agility, and in April 2025 it completed the acquisition of Germany's DB Schenker from Deutsche Bahn. DSV is listed on Nasdaq Copenhagen under the ticker DSV and is a constituent of the OMX Copenhagen 25 index. Its headquarters are in Hedehusene near Copenhagen, and the group reported revenue of DKK 247,331 million in 2025.