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Dachser looking for 5 acquisitions in 5 years

German logistics firm Dachser purportedly looking for a number of acquisitions.

07 May 2010

German logistics firm Dachser is purportedly looking to complete the acquisition of four or five transport companies over the next half decade.

That is according to the managing director of the company's UK operation Nick Lowe, who said that the business was ready to aggressively expand its influence in the UK.

Mr Lowe said: "This will be the first of several regional acquisitions over the next five years.

"We are looking for companies that are strong in their own right in the UK market. We want them to be pallet network members and be able to handle the type of freight that we have and integrate into our UK and European network."

His comments come after Dachser completed the acquisition of Leach Distribution, the Rochdale-based transport company.

It is understood that the UK arm of the company is relatively small in comparison to the overall size of the firm, a fact that has acted as the catalyst for its decision to pursue such rapid expansion.

The UK operation of Dachser currently turns over £24m a year.

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