DSV abandons attempt to buy CEVA Logistics

DSV truck
 

DSV has abandoned a bid to buy CEVA Logistics, citing a lukewarm reception to its revised offer as the reason for ending its interest in the Swiss multinational. In the UK both companies are listed in Motor Transport’s Top 100 of the largest road transport companies. CEVA Logistics was 15th in last year’s list with an annual turnover of £394.5m, while DSV Road was 27th in the list of the Top 100 companies with an annual turnover of £180.7m. In […]