SEPTEMBER 19 2013
Unifeeder and United Feeder Services create the largest
Pan-European feeder operator
The Unifeeder Group is pleased to announce that it has
reached an agreement to acquire United Feeder Services Ltd
(UFS).
The two companies will, in combination, offer the most
comprehensive feeder network in Europe with an unparalleled
coverage of ports in both Northern Europe and in the
Mediterranean.
Unifeeder and UFS will continue to trade as separate
companies and with separate organisations but will focus on
combining its capabilities to improve services and operations to
match the increasing requirements of clients.
The merger of the companies will benefit all stakeholders,
from customers to employees, suppliers and the environment through
superior port coverage, optimized operations and further
strengthening of the well-known service levels of the two
companies.
Mr. Jesper Kristensen, CEO of Unifeeder A/S, stated that
"Both of our companies have a strong history of providing our
customers with attractive transportation solutions. Together, we
will be able to further improve our services in an environment of
increasing demands from our clients. We will also continue to build
economies of scale in our operations, which is the key to our long
term competitiveness." He elaborated that "The transaction fits
very well with Unifeeder's strategic ambition to deliver the best
feeder and shortsea product on the market. Combining our efforts
enables us to strengthen our companies in Northern Europe as well
as in the Mediterranean."
Mrs. Cecilia Batistello-Eckelmann, Chairman of UFS,
commented: "UFS has developed a large presence in the Mediterranean
feeder market. Building a comprehensive network of services from
Iberia to the Black Sea, we have served clients with many different
requirements and built a reputation as a reliable feeder operator.
UFS brings significant experience and knowledge into the future
relationship with Unifeeder that will benefit both companies.
Together we will improve our ability to meet the needs of our
clients."
The transaction is expected to close at the end of October,
subject to approval by the relevant authorities.
Contacts
Jesper Kristensen, Chief Executive Officer, Unifeeder, +45
8883 0000
Giuseppe Canepa, General Manager, UFS, +357 25 841
200
Unifeeder
Unifeeder is one of Northern Europe's leading feeder operators
transporting containers from the large European container hubs in
Belgium, England, Germany and the Netherlands to more than 35
regional ports across the UK, the Nordic Region and the Baltic Sea.
Unifeeder's feeder operations are complemented by its fast growing
door-to-door multimodal container transport business. Since 2012,
Unifeeder has also provided its feeder and shortsea services to
clients in the Western Mediterranean.
Unifeeder, established in 1977, is headquartered in Aarhus,
Denmark. It has a fleet of more than 40 container
vessels.
Visit www.unifeeder.com for more
information.
UFS
UFS is a leading commercial feeder operator with a strong presence
in the Mediterranean and the Black Sea, where it covers more than
35 ports. Over the past decade, the company has experienced strong
growth based on a continuous expansion of its network and a
consistently high service level.
UFS is managed by an experienced management team and operates 25
vessels throughout the Mediterranean and the Black
Sea.
Visit www.utdfeeder.com for more
information.