Synergistic success for DSV

The number of companies operating within the group has been reduced from nine to six.

"We would like to decrease this down to four companies," the vice president of DSV Frans Maas Polska, Thomas Jansson said. All companies previously trading under the DFDS Transport or Frans Maas brand names in Poland will now do business under the DSV brand: DSV Road, DSV Air & Sea, DSV Solutions and DSV Promexim.

As for the merger's effect on the financial results, Jansson said that EBITA in Poland for the new group was 15 percent above projections for the first three quarters of 2006. Over the past 12 months, the group has achieved synergies of zł.2 million. According to the group's estimates, through the synergies, the profit of what was previously the Frans Maas group has increased by around 50 percent from the zł.3.3 million it earned in 2005.

As far as the future is concerned, DSV declares that it would like to sell the properties that Frans Maas has brought into the group.

"We are in the process of investigating how to best do it," Jansson explained. He didn't rule out looking into possible new acquisitions once the property issue is resolved and the merger process is finalized.