Eimskip acquires Ship-Log
The Icelandic logistics company Eimskip has strengthened its position in worldwide logistics services by acquiring 75% of the Aarhus (Denmark)-based freight forwarding company Ship-Log, which was founded in 2003. The current management team will continue to own 25% of the shares in the company and manage its operations.
Focussing on serving import and export customers with an international agency network in more than 120 countries, Ship-Log has a strong foothold in the temperature controlled food and pharmaceutical cargo sector.
The acquisition will strengthen Eimskip’s position in Denmark, and support its network to capitalize on new opportunities for further developing the company’s logistics services. (ah)