The Danish company said last autumn that in view of geopolitical developments and supply chain security and stability, it expects Turkey’s manufacturing capabilities and trade with Europe to continue to grow in the coming years.
“To further develop our ability to facilitate trade and to enhance customer offerings, a strategic dialogue between DFDS and Ekol Logistics, a major Turkish logistics company, has been initiated to explore a possible acquisition of Ekol Logistics’ international road haulage activities. Such a combination of ferry and logistics activities in the Mediterranean network would mirror DFDS’ proven northern European business model,” said DFDS at the time.
A prerequisite for any deal was approval from the Turkish Competition Authority, which DFDS has confirmed has now been obtained.
“As part of the review process, DFDS has undertaken commitments in relation to the continued access for all logistics operators to DFDS’ ferry routes to/from Türkiye. DFDS and Ekol Logistics will now continue the strategic dialogue, including a due diligence process, with a view to finalising the transaction terms subject to Board approval,” the company recently announced.