These acquisitions complement DSV’s new Phoenix-Mesa Gateway Airport operations and support growing cross-border services to Latin America.
Headquartered in Phoenix and Chandler, Arizona, S&M Moving Systems West and Global Diversity Logistics are run by the same family.
They have 130 employees and operate across 11 sites in Oregon and Arizona providing services in the domestic road freight, international air and sea freight, warehousing, tradeshow logistics and specialist solutions to support the semiconductor industry.
Niels Larsen, President of DSV Air & Sea US, says, “We have a strong presence in the US, and these acquisitions underline our continuous commitment to strengthening our US position, competencies and service offerings. They also provide access to a strong heritage and a wealth of knowledge and experience in the semiconductor industry.”
Customer demand for services to Latin America continues to grow and the acquisitions will support the development of DSV’s cross-border services.
Robert Greene, Executive Vice President, DSV Road US, says, “We have recently expanded our cross-border operations to facilitate the growing trade between the US and Mexico. We are currently supporting a range of customers across various industries and can now provide a reliable alternative to Miami. With two official gateways into Latin America, we are better placed to support customer needs, particularly during busy periods and congestion.”
Arizona is emerging as an electric vehicle sales and manufacturing hub so the extra infrastructure and workforce will help DSV provide additional solutions for its existing customers.
Michael Marlow, President of DSV Solutions US, says, “As a result of these acquisitions, we will be gaining 130 new colleagues, additional transport assets and over 1 million square feet of logistics centres. This will strengthen our US operations and provide the potential to develop our contract logistics business further in these regions.”
Pending legal formalities, the transactions are expected to be completed in April 2023.