Global logistics company DSV acquires Netherlands-based S&H, a multi-channel fulfilment company, to further boost its e-commerce business.
Speaking of the acquisition, DSV said S&H holds a leading position in multi-channel fulfilment in Europe and offers a comprehensive range of services: Warehousing, response handling, financial fulfilment, product fulfilment, European distribution, customer service, returns handling, e-fulfilment and supply chain management.
“S&H has proven itself as a champion within product fulfilment in the Benelux region, and we are very pleased to announce that S&H is now part of the DSV Group,” says CEO of the DSV Solutions division, Brian Ejsing.
“We have been on the lookout for a suitable add-on acquisition to boost our capabilities within e-commerce, specifically multi-channel fulfilment. S&H is a great fit for DSV, and we are looking very much forward to taking full advantage of S&H’s expertise within this field”.
Signing and closing took place 4 September 2018, at which time DSV A/S acquired 100 per cent of S&H’s shares.
With the acquisition, Hans Elshout has stepped down as CEO, but will continue to work for DSV in an advisory capacity. Peter van der Maas, EVP of the DSV Solutions division, has assumed the position as managing director in his place.
S&H will continue as a stand-alone company under the name of DSV Multi-channel Fulfilment.
Peter van der Maas comments: “I am delighted to assume this new role and equally delighted to head up a team of experts in multi-channel fulfilment,” adds van der Maas. “S&H has a unique value proposition supported by a sophisticated and flexible IT system making multi-channel fulfilment simple. We want to continue the S&H tradition of helping customers excel in their markets”.
With the addition of S&H, DSV will be able to offer customers a wider range of services within the fields of both business-to-business and direct-to-consumer multi-channel fulfilment, including:
• financial fulfillment
• merchandise logistics for current (retail) customers
• IT system and web support
• call centre