DSV acquires S&H to boost its multi-channel e-fulfilment capabilities

International third-party logistics service provider DSV A/S signed and closed a deal to acquired 100% of the shares in multi-channel fulfilment specialist S&H, on 4 September 2018.

Based in the Netherlands and employing approximately 120 people (67 FTEs), S&H holds a leading position in multi-channel fulfilment in Europe, covering the whole order-related supply chain of logistics and communication. The company offers a comprehensive range of end-to-end services, including warehousing, response handling, financial fulfilment, product fulfilment, European distribution, customer service, returns handling, e-fulfilment and supply chain management. With the addition of S&H, DSV will now be able to offer customers a wider range of services within the fields of both business-to-business and direct-to-consumer multi-channel fulfilment, including e-fulfilment, financial fulfilment, merchandise logistics for current (retail) customers, sophisticated and flexible IT system and web support, and call centres.

Champion

Commenting on the acquisition, Brian Ejsing, CEO of the DSV Solutions division, stated: “S&H has proven itself as a champion within product fulfilment in the Benelux region. We have been on the lookout for a suitable add-on acquisition to boost our capabilities within e-commerce, specifically multi-channel fulfilment. S&H is a great fit for DSV, and we are looking very much forward to taking full advantage of S&H’s expertise within this field.”

With the acquisition, Hans Elshout (photo, on the right), founder of S&H, has stepped down as CEO but will continue to work for DSV in an advisory capacity. Peter van der Maas (on the left), EVP of the DSV Solutions division, has assumed the position of Managing Director in his place, stating: “S&H has a unique value proposition supported by a sophisticated and flexible IT system making multi-channel fulfilment simple. We want to continue the S&H tradition of helping customers excel in their markets.” S&H will continue as a stand-alone company under the name of DSV Multi-channel Fulfilment.