Rumours are always circulating about which freight forwarding company will be next to be acquired as the market consolidates. Only last month there was speculation about Geodis and CEVA. And over the years Panalpina has perennially been linked with many companies even though a takeover would require the consent of its biggest shareholder, Ernst Goehner Foundation.
In order to provide deeper insight into the company, its finances, operations and strategy, Ti has published a 24 page in-depth company profile of Panalpina available to buy now.
The Panalpina Group is one of the world’s leading providers of supply chain solutions. Its headquarters are in Basel, Switzerland, and it is a publicly traded company, listed on the Swiss Stock Exchange (SWX). Its core products are air freight, ocean freight and value-added logistics, which it combines to provide globally integrated, tailor-made end-to-end solutions. It also offers a specialised service for the energy and capital projects sector, called Energy Solutions. Panalpina serves clients in the automotive, chemicals, consumer & retail, energy, fashion, healthcare, high tech, manufacturing, telecoms and perishables industries.
Panalpina’s business activities are primarily regionally oriented, with its operating structure divided into four units: Americas, Asia Pacific, Europe and Middle East, Africa & the CIS. Its global network consists of 16,000 employees and 500 offices, in over 70 countries. It also works with partner companies in a further 90 countries.
In 2016, Panalpina made Net Forwarding Revenues (NFR) of CHF5,196m.