HORSHOLM, Denmark – Global logistics leader DSV has completed the acquisition of two US-based logistics providers, S&M Moving Systems West and Global Diversity Logistics, strengthening its position in semiconductor logistics, Latin American trade, and domestic US operations.
Strategic Objectives Behind the Acquisitions
The acquisitions serve three primary strategic goals for DSV:
1. Semiconductor Logistics Leadership
S&M Moving Systems West brings specialized expertise in temperature-sensitive semiconductor transportation, enhancing DSV's ability to meet the industry's stringent requirements for secure, compliant logistics solutions.
2. Phoenix-Mesa Gateway Airport Expansion
The deals will optimize DSV's operations at this key western US hub, improving air freight efficiency and creating cost-effective solutions for customers.
3. Latin American Cross-Border Growth
With established networks in the region, both acquired companies will help DSV capitalize on increasing trade flows between North and Latin America.
Acquisition Targets Overview
The family-owned businesses, headquartered in Phoenix and Chandler, Arizona, employ 130 staff across 11 strategic locations in Arizona and Oregon. Their service portfolio includes:
- Domestic US trucking services
- International air and ocean freight
- Warehousing solutions
- Trade show logistics
- Specialized semiconductor transportation
Executive Perspectives
Niels Larsen, President of DSV Air & Sea US, emphasized the strategic importance: "These acquisitions demonstrate our commitment to strengthening our US capabilities, particularly in the semiconductor sector where both companies bring valuable expertise."
Robert Greene, EVP of DSV Road US, highlighted the cross-border benefits: "With two official gateways to Latin America, we're better positioned to support customers during peak periods and congestion events."
Industry Analysis
Evan Armstrong of Armstrong & Associates noted: "These acquisitions support DSV's Mexican cross-border operations while enhancing its North American network."
Cambridge Capital's Ben Gordon observed: "The deals position DSV as a leader in semiconductor logistics, US-Mexico trade, and broader Latin American commerce - all growth areas for 2023."
DSV's Expansion History
The company has grown through strategic acquisitions including:
- 2016: UTi Worldwide ($1.35 billion)
- 2019: Merger with Panalpina
- 2021: Agility's GIL division
DSV now ranks as the world's third-largest 3PL with $29 billion in revenue, with North America accounting for nearly 30% of operations.
Future Outlook
The acquisitions strengthen DSV's position in key growth sectors while expanding its US operational footprint. The company continues to pursue strategic opportunities that enhance its global logistics network and service capabilities.