NTG Nordic Transport Group acquires DTK

NTG acquires DTK, expanding capabilities in full- and part-load cargo, temperature-controlled transportation, and logistics services across Denmark, Germany, Sweden, and the UK.

NTG Nordic Transport Group A/S is pleased to announce the acquisition of 100% of the shares in Danish-based DTK BE Holding ApS. This acquisition marks a significant milestone for NTG as we continue to expand our capabilities and strengthen our market position in the Nordic region.

Strengthening NTG’s Nordic and European presence
DTK is a renowned full-service logistics solutions provider, specialising in full- and part-load general cargo, delivering high-quality temperature-controlled transportation, along with comprehensive logistics services and value-added offerings such as in-house customs brokerage and warehousing solutions. Headquartered in Padborg, DTK operates from eight locations across Denmark (five), Germany (one), Sweden (one), and the UK (one), serving a diverse and extensive customer base.

Jesper Petersen, CEO of Road & Logistics at NTG comments on the acquisition, “We are pleased to welcome another well-known and reputable Danish freight forwarder to the NTG family. The acquisition of DTK is a key transaction for NTG, which not only solidifies our Nordic market position but also adds valuable expertise and capabilities. DTK’s decentralised business model and solid customer relationships are proof points of the successful track record of the company and its employees, and I am confident that this partnership will result in many new opportunities in the future.”

Significant future synergies
For the financial year 2024, DTK reported revenue of DKK 1,156 million and an EBIT of DKK 94 million. Following the acquisition, DTK is expected to contribute approximately DKK 96 million to NTG’s consolidated adjusted EBIT over a 12-month period. The transaction values DTK at DKK 620 million and is subject to merger control approval. NTG will finance the purchase price through existing credit facilities and expects to achieve annual synergies of DKK 24 million once DTK is fully integrated. The transaction is anticipated to close before the end of Q2 2025, with integration finalisation expected by H1 2026.

As part of this consolidation, DTK’s general cargo and warehousing services will cooperate closely with NTG Road A/S, while DTK’s temperature-controlled transportation division will continue independently, supported by NTG.

About NTG
NTG is a global freight forwarding company offering customised transport solutions by road, rail, air, and ocean. With approximately 3,000 dedicated employees across more than 20 countries, NTG serves customers worldwide. For further information, please visit www.ntg.com.

About DTK
DTK is a Danish freight forwarder offering road and logistics services and solutions. Headquartered in Padborg, Denmark, DTK operates seven additional sites across Denmark, Germany, and the UK and employs around 195 employees. For further information, please visit www.DTK.dk.

For further information, please check the Company Announcement on the NTG Investor site or contact:

Sebastian Rosborg, Head of Investor Relations
+45 42 12 80 99 | ir@ntg.com

Birgitte Hansson, Head of Marketing & Communication
+45 42 12 80 90 | press@ntg.com

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