Danish logistics company, DANX, continues its expansion spree with the acquisition of the Scandinavian 3PL specialist, TLS. The also Denmark-based full-service logistics company is a specialist in the transport, preparation, and installation of new technical equipment. It is DANX’s third acquisition in the past year, following two similarly regional companies: Forslund & Malmström (FOMAB), and Tromsø Budbil Sentral (TBS). The strategy behind this expansion is to expand DANX’s warehousing, fulfilment, and installation product offering, as it fortifies its final mile reach and product offering across Europe.
TLS was founded in 1999, and has specialized in the transport, assembly and disassembly of different kinds of technical equipment throughout Denmark and Sweden. In addition, it runs five ‘storage hotels’ in Aarhus, Copenhagen, Stockholm, Gothenburg, and Malmö where customers can store inventory ready for dispatch around the clock. As the company now becomes part of DANX, Claus Huss, one of the former owners of TLS, will remain to accompany the transition with Bo Larsen and continue to steer business afterwards.
Lars Bo Larsen, Managing Director Denmark, DANX, said: “We welcome Claus Huss and the TLS team to the DANX Carousel Group. This strategic acquisition allows us to offer more comprehensive logistics solutions across the Nordics. Integrating TLS’s expertise enables us to meet our customers’ needs by providing them with enhanced value and efficiency. We look forward to our combined efforts delivering excellent results.”
