Logistics provider Dachser completes the acquisition of Swedish Frigoscandia
Frigoscandia, headquartered in Helsingborg, Sweden, has a close-knit and efficient network for the distribution of temperature-controlled and frozen food. With the completion of the transaction, all of Frigoscandia’s approximately 1,300 employees will transfer to Dachser.
As we anticipated here, German logistics provider Dachser has now completed the acquisition of Swedish player Frigoscandia. Integration into the Dachser Food Logistics network can now begin. Announced at the end of last year, the acquisition was approved by the European Commission in February.
Dachser is currently represented in the Nordics by European Logistics, its business line for the transport and warehousing of industrial and consumer goods, as well as by an air and sea freight organization. Frigoscandia, headquartered in Helsingborg, Sweden, has a close-knit and efficient network for the distribution of temperature-controlled and frozen food. The company offers transport services across Sweden through a nationwide network. In the area of international food transportation, Frigoscandia handles road, air and sea transportation, and is active in 51 markets.
The relationship between Dachser and Frigoscandia
Since 2019, Frigoscandia has been a partner for Sweden, Finland, and Norway in the European Food Network, an association of leading European food logistics providers in 34 countries, which Dachser founded and manages as system leader. “The acquisition and subsequent integration of Frigoscandia is a milestone for us on our way to becoming a top player in the European food market,” said Alexander Tonn, COO Road Logistics and Managing Director Dachser Food Logistics at Dachser. “With Frigoscandia, we are integrating a well-known food logistics company that fully shares our understanding of performance and quality. For our customers in Northern Europe and Europe, this means even better access to a food distribution network where quality and reliability are paramount.”
“The acquisition significantly strengthens our position in food logistics in the Nordic region,” added Burkhard Eling, Dachser CEO. “For Frigoscandia, the integration into Dachser is an important step toward long-term and secure development in a dynamically growing company. Frigoscandia is an excellent fit for our business and our growth strategy in Sweden, Norway, and Finland. Both companies share a common understanding of values and quality.”
Frigoscandia will continue to be led by CEO Peter Haveneth and his experienced management team. He reports to Alexander Tonn, who holds the dual role of COO Road Logistics and Managing Director Dachser Food Logistics at Dachser. With the completion of the transaction, all of Frigoscandia’s approximately 1,300 employees will transfer to Dachser.
