ICT LOGISTICS acquired by DFDS

In September 2021, DFDS agreed to acquire full control of Danish freight forwarder ICT Logistics, buying out management shareholders including CEO Leif Midtgaard Pedersen and Erik Midtgaard Pedersen. The transaction, structured as a share purchase, closed without requiring regulatory approvals, with integration into DFDS’s network kicking off on January 19, 2022. DFDS had already held a minority stake in the Herning-based company since 2006. Financially, ICT Logistics was generating in revenue and an EBITDA of (an EBITDA margin of ). Operationally, the firm handled roughly 650 loads per week, supported by 28 drivers, a proprietary fleet of 20 trucks, and roughly 600 trailers in service. Strategically, the buyout broadens DFDS’s footprint across Western Europe, Central and Eastern Europe, the Baltics, and the CIS region. It also adds critical capabilities in customs clearance, warehousing, distribution, and oversized cargo—particularly for agricultural, forestry, and construction equipment. Alongside a solid base of Danish industrial clients, the deal reinforces DFDS’s reach across key verticals like automotive.