Scan Global Logistics (SGL), an ambitious global logistics provider, expands its European structure and network by purchasing two firms in the region. SGL’s acquisition of Gelders Forwarding (Gelders), an air and ocean forwarder, will considerably expand its airfreight services and strengthen its position in the technology industry. Meanwhile, Advection Logistics (Advection), a full-service logistics company, opens the first SGL office in Hungary, providing a foundation for regional expansion.
SGL purchased Sea-Air Logistics Ltd. less than a week ago, strengthening its foothold in China and Hong Kong before putting pen to paper and expanding its European operations. The additions are part of SGL’s aggressive expansion and acquisition strategy, which has already resulted in eight acquisitions and one minority investment in 2022.
Allan Melgaard, Group CEO, comments on why matching company DNAs are pivotal to any SGL acquisition, “Ensuring a strong cultural fit is central to our acquisition strategy allowing for effectivity, commercial synergies, and an easy integration to unfold.”
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