DSV, DSV Air & Sea Holding A/S establishes operations in New Zealand

DSV Air & Sea Holding A/S, a DSV Group company, has established a new company
in New Zealand under the name of DSV Air & Sea Limited. 

Today, DSV Air & Sea Limited has concluded an agreement to acquire the
activities of Leader Container Line International Limited, also known as JHB
International Logistics. Leader Container Line International Limited used to be
the partner of DSV in New Zealand. The parties have agreed not to publish the
acquisition price. 

DSV Air & Sea Limited has a budgeted annual turnover of DKK 40 million and
employs 14 people at its offices in Auckland. 

By the establishment of DSV Air & Sea Limited in New Zealand the coverage in
Oceania has become even broader and thus complements the global network of DSV. 

Any questions may be addressed to Jørgen Møller, President of DSV Air & Sea
Holding A/S, tel. +1 732 850 8000.