Dachser acquires Transunion

by Press Release on 2013-01-21 23:10:21

Dachser is expanding its Air & Sea Logistics business field with 15 additional locations in five countries

Hong Kong, 21.01.2013. Effective retroactively from the beginning of the year, the internationally operating logistics provider, Dachser, has acquired the Spanish air and sea freight forwarder Transunion S. A. subject to approval by the antitrust authorities.

The company employs a staff of 235. In addition to nine offices in Spain the company is also represented in Turkey, Argentina, Peru and Mexico.

Dachser is continuing to expand its global logistics network in line with its Global 2.0 strategic growth programme. “The acquisition of the complementary Transunion network allows us to offer our customers even better access to the Latin American market as well as an excellent presence in mainland Spain and Turkey,” Dachser managing director Thomas Reuter, responsible for the Air & Sea Logistics business field explains the acquisition. Founded in 1978, Transunion (TU) is expected to post revenue of EUR 95 million in fiscal 2012.

“We are delighted that the shareholder families of TU have decided to shape the future of the company as an integral part of Dachser,” Reuter says.

For his team and himself, CEO Federico Camáñez, who has in particular decisively influenced the international development of Transunion over the past 20 years, sees the merger with Dachser as both a challenge and an opportunity for customers and staff. He will continue to be responsible for the management of the entire group and will report directly to Thomas Reuter.

Dachser now considers itself well-positioned in the Spanish market following the buyout of Azkar for the overland freight segment announced just last month. The two transactions enable the company to cover nearly all areas of logistics on the Iberian Peninsula.

”Dachser and Transunion are not only well matched by virtue of their services portfolio in the air and sea freight segment. The fact that both companies are family enterprises also means that they have a very similar mindset,” Reuter says, explaining the rationale behind the merger.

Both management and staff will continue to service their customers’ respective markets as competent experts.

The two companies have already cooperated for over 15 years. For the owners of Transunion the most important consideration is to secure the company’s continued existence and the future of its staff within an internationally expanding logistics provider like Dachser.

Overview of Transunion locations and countries:

Spain: head office in Valencia, where the whole TU group is domiciled. Two offices in Valencia, one in Barcelona, Alicante, Murcia, Sevilla, Vigo, Madrid and Bilbao.
Turkey: head office in Izmir, branch offices in Istanbul and Mersin
Peru: Lima
Argentina: Buenos Aires
Mexico: Mexico City

About Dachser
Dachser is an international logistics services provider headquartered in Kempten/Germany, where the company was founded in 1930 by Thomas Dachser. The company's mission is to improve the logistics processes of its customers. In 2011, Dachser generated total revenue of EUR 4.3 billion.

21,000 staff working in 315 profit centres worldwide handled 49.3 million consignments weighing a total of 37.1 million tons.
Dachser Far East Ltd. is a 100% owned subsidiary of the Dachser Group. The company employs more than 700 people offering services from freight forwarding by air & sea, trucking, warehousing to contract logistics in 17 locations in Greater China with its regional head office in Hong Kong.

About Transunion:
Transunion S. A. generated total revenue of approx. EUR 95 million in 2012 with a staff of 235 employees.