LUCEY TRANSPORT LOGISTICS acquired by DFDS

By acquiring control of the Irish transport company Lucey Transport Logistics Limited, DFDS A/S secures annual revenue of and capacity strengthening across the Irish Sea logistics corridor. Officially announced in July 2022 and completed on September 30, 2022, following regulatory clearance from the competition authorities, the transaction transfers 100 percent of the share capital of Lucey Transport Logistics Limited to DFDS A/S. Under the transaction perimeter, executive leadership from DFDS Logistics, led by Executive Vice President Niklas Andersson and Managing Director for Ireland and Northern Ireland John Cole, assumes operational governance alongside Chief Executive Officer Kevin Lucey. Strategically, the integration thesis structured by DFDS A/S focuses on linking domestic Irish road freight operations with its established maritime shipping routes, notably leveraging the freight ferry connection established in 2021 between Rosslare and Dunkirk. The acquisition enables DFDS A/S to offer end-to-end international transport solutions to Irish manufacturers, facilitating direct transport access to continental European markets while bypassing post-Brexit transit complexities through Great Britain. In turn, corporate shippers in the fast-moving consumer goods and packaging sectors gain access to the broader European network operated by DFDS A/S. The buyout of Lucey Transport Logistics Limited forms part of a sustained programmatic M&A strategy executed by DFDS A/S, complementing previous corporate acquisitions such as Huisman Group BV, ICT Logistics, and primeRail. Corporate leadership maintains existing haulage infrastructure to guarantee service continuity across the island of Ireland.

By taking control of Lucey Transport Logistics, Dfds continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Primerail in 2022.