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DFDS goes east with ELIX deal
Page 10
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• Haulage giant DFDS Transport has extended its coverage of Germany and Eastern Europe with the acquisition of a 33% sharehokling in German logistics firm ELIX.
The move will mean an extra 200 graupage trips a week between the UK and Germany, Up to 15 British firms have lost out following the switch to DFDS, including RH Freight, Davies Turner and Cavewood, the UK subsidiary of French firm Geodis.
Ironically, Geodis has just become another partner in the ELM chain, having bought a 22% stake in the firm to handle loads between France, where DFDS also has an operation, and Germany.
However, DFDS UK managing director Rene Falch Olesen plays down any potential friction: "We do not see this as a conflict—rather it Is an opportunity for us both." He adds that the additional work will be absorbed into DEDS's current operation.
A spokesman for Geodis adds: "We are putting in place a new arrangement for our customers who will benefit from the great flexibility now offered to us. We are competitors with DFDS and this means we will rub shoulders with them from time to time."