DFDS' buy-out of specialist haulier Alphatrans completes after German authorities approve deal
COMPLETING: The deal for DFDS to acquire Alphatrans has been approved and sealed.
By Grimsby Telegraph | Posted: 10 Jan 2018
GERMAN authorities have approved DFDS’ takeover of specialist logistics provider Alphatrans.
The go-ahead from Berlin led to the immediate completion of the deal, and while the two businesses were headquartered in Denmark and Holland respectively, the South Bank of the Humber is a substantial operating base for both.
DFDS, which has its UK headquarters in Immingham, has now acquired all shares in Alphatrans, which will retain the significant facility off the A160 at South Killingholme.
The abnormal load specialist will now be adopted under the DFDS brand, with both companies having spoken optimistically about expansion opportunities when the deal was announced in November.
DFDS executive vice president Eddie Green, who played a key role in the acquisition of Grimsby’s Quayside Distribution three years earlier, met with many of the 43 staff at the base days after it was made public.
NOW COMPLETE: Eddie Green, executive vice president of the logistics division at DFDS, left, with Alphatrans' head of UK operations, Michael Edwards, centre, and Allan Bell, vice president of DFDS Logistics, at the South Killingholme site after the deal was announced.
Speaking at the time, he said: “We have looked at Alphatrans for a long time as a potential acquisition target, they do a lot of good things and we see opportunities to expand the business because of the network we have as DFDS. It is quite a specialist business, people have a lot of knowledge and if we can spread that in to DFDS it will be good for the people here, good for the existing business and good for the port as well. We hope to facilitate growth, it is really about expansion.
“People do get nervous about change, about redundancy or relocation, but we have no plans for that. This is about making sure all the business will thrive.
“For us, in the area, we are keen to expand and employ more people, particularly to develop a driving force.”
Europe-wide, Alphatrans – established in 1994 – has 197 employees and a fleet of 720 trailers and 125 trucks to be consolidated into the DFDS business. Like DFDS, as well as the UK, where it first began in Hessle before moving to the former H&L Garages site at the Eastfield Road junction, it also operates in Netherlands, Belgium, Germany and Ireland, with further locations in Hungary, Portugal and Romania. The latter are welcome additions for the DFDS team, based in Nordic House on Port of Immingham’s Western Access Road.
Michael Edwards, who heads up the UK operation for Alphatrans, said: “I believe the opportunities this gives us under the DFDS banner are great. They have got a lot of people that we can tap in to and we have the specialist knowledge in long, wide, high and low movements, that I’m sure DFDS has clients for.”