This week saw two of the most substantial players in their own fields underline similar tactics for dealing with a turbulent freight market. Clarksons the London based shipping services group announced it had acquired EnShip Ltd the Aberdeen based shipping agency and marine industry logistics specialist via its Clarksons Port Services Group. Meanwhile French giant Norbert Dentressangle completed its acquisition of APC Beijing International, a China-based freight forwarding company.
Enship, formed in 2004, has built a reputation as a vessel agency within the UK, as well as being a provider of related support services to both its UK customers and worldwide client base. EnShip also encompasses Opex Industrial Supplies, a procurement house supplying the marine, oil and gas industries. It will retain brand identity and Clarksons says it complements its port sector strategy to expand its geographical reach and broaden its services to existing and new customers in bulk shipping and the offshore and renewable industries. Gross assets acquired amounted to £3 million.
Dentressangle has followed up the Memorandum of Understanding signed in July to take over, APC Beijing International which last year generated revenue of €50 million. APC employs a staff of 270 spread throughout 16 offices strategically located in China’s key costal and inland regions. Known best for its European road haulage operations the acquisition strengthens Dentressangle’s foothold in Asia and says it will enhance the company’s service offering in airfreight forwarding