Time-critical logistics consolidation accelerates

What do DANX Carousel and logistics heavyweight, DSV, have in common? Both are based in Copenhagen, Denmark, are active in the transport sector, and are growing primarily through acquisitions, albeit at significantly different company sizes. As far as time-sensitive logistics services are concerned, DANX has now put a new spin on the ongoing consolidation in this particular sector, by taking over the German LPR Group.

The step directly affects around 700 employees, including 200 engineers, who are transferring from the LPR Group to DANX Carousel. Most of them are specialists working in maintenance and repair, pre-configuration, refurbishment, inspection, and warranty services.

Axcel’s top management on way to new horizons. Private equity investor Axcel took over DANX and Carousel in JAN2022, with LPR now added to the portfolio-   photo: courtesy Axcel

Complementing services
The LPR Group serves customers from a wide range of sectors, from energy suppliers to healthcare groups or retailers. LPR complements DANX Carousel’s business activities by offering both night and day-time express services, on-site repairs, emergency and spare-parts logistics, as well as warehousing solutions, including the installation, maintenance, and replacement of consumable materials.
Thanks to the LPR acquisition sealed on 08JAN25, DANX Carousel strengthens its position as the leading European provider of time-critical logistics solutions.
The takeover rounds off a period in which the DANX Carousel Group made several acquisitions to consolidate its position in the time-sensitive logistics market. The step “is part of our ongoing drive to build Europe’s leading time-critical logistics provider. LPR’s regional and technical capabilities complement our own and together we can deliver more comprehensive end-to-end solutions across the full supply chain,” commented Klaus Rud Sejling, Chief Executive Officer, DANX Carousel, following the signing of the deal.

Exciting opportunity
His group has been owned by private equity firm Axcel since 2022. The executive did not provide any details on the price of the transaction. “Our new partnership with DANX Carousel presents an exciting opportunity to strengthen our time-critical logistics capabilities and continue to match our customers’ high expectations. Following a period of sustained growth across the business, particularly in the retail, healthcare, and IT services sectors, I look forward to working with DANX Carousel as we cement this progress and expand our geographic reach,” replied Michael Bonnes, Chief Executive Officer, LPR Group.

For time:matters, DANX Carousel is a competitor but also a reliable partner, states t:m executive, Larsch Krosch  –  photo: CFG/hs

time:matters stays cool
According to Lars Krosch, Managing Director and Chief Operating Officer (COO) of the competing time:matters Group, the DANX Carousel/LPR merger will only have a minor impact on his company’s own time-sensitive logistics activities. The Danish company specializes in time-critical overnight transports by road, while time:matters focuses on the delivery of ultra urgent goods by freighter aircraft covering an intra-European overnight network. “DANX Carousel is a competitor, but to a certain extent also a partner with whom we work closely in some areas,” illustrates Krosch. He also told CargoForwarder Global that time:matters has signed a new exclusive 5-year contract with railway operator, Deutsche Bahn for urgent courier services. The pickup and delivery of the goods are included in the deal. The use of speed trains reduces time:matters’ CO2 footprint further, the executive emphasizes. He expects the consolidation process in this special business field to continue.

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