Home -> News & Blog -> ETS Transport & Logistics (ETS) and Scan Global Logistics (SGL) to merge after completion of merger control proceedings in German
Since its foundation in 2002, the company managed by Thomas Frese, Sven E. Schoon and Axel Giessmann has developed into a reliable and sustainably operating logistics company in the German sea freight, air freight and fulfilment sector. With almost 100 employees within the ETS Group, ETS handles transports and logistics services for companies in Germany, Europe and overseas.
Scan Global Logistics (SGL) strengthens its market position in Europe's largest logistics market, Germany, through the acquisition of ETS. The partnership will grow SGL's German organisation, particularly in ocean freight, and make it commercially more powerful. The combined organisation significantly strengthens the global freight forwarder's position in the German market.
With the merger, ETS moves under the umbrella of the Danish logistics group to enable the successful development and expansion of its business activities in Germany.
ETS is the life's work of the shareholders. The shareholders and managing directors are around 60 years old and had to ask themselves the question: How do we go on? There was no option of a succession plan. Therefore, they looked for a way to ensure business development and the continuation of ETS' customer relationships. In this situation, the shareholders concluded that this could only happen under the umbrella of a powerful company.
Why Scan Global Logistics?
The Danish logistics group is strategically interested in acquiring medium-sized companies and has a great interest in positioning itself better on the German market. The talks were excellent and Scan Global is a serious and globally active company.
What does this change mean for the employees?
Scan Global Logistics wants to expand in Germany and worldwide and has the means to do so. On its own, ETS would not have had the financial resources to make the necessary investments in a changing logistics market, with increased market concentration. In a tightening sea and air freight market, it is becoming increasingly difficult for medium-sized companies to achieve efficient procurement management and competitive freight rates. This is accompanied by significant investments in digitalization.
Added to this is the fact that Germany is suffering from a shortage of skilled workers. ETS wants to remain attractive for its employees in the future. This will be possible under the Danish umbrella. The change of ownership is a safeguard for the future and a career opportunity for the long-serving employees as well as for the young talents at ETS.
The current ETS shareholders and managing directors will remain in the company and take on a leading role within SGL in Germany.
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