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COMPANY ANNOUNCEMENT X DFDS DFDS CREATES LEADING PROVIDER OF COLD CHAIN LOGISTICS • • • • • Acquisition of HSF Logistics Group expands DFDS ' cold chain business to become the leading provider in Northern Europe HSF Logistics Group has revenue of DKK 2.8bn and 1,800 employees Enterprise value of DKK 2.2bn ( EUR 296m ) Transaction structure leaves DFDS ' financial leverage unchanged Investor and analyst call today at 10.00am CET DFDS A / S Sundkrogsgade 11 DK - 2100 Copenhagen CVR 14 19 47 11 www.dfds.com Company announcement no . 4/2021 26 January 2021 Page 1/3 DFDS has today entered into an agreement to acquire 100 % of HSF Logistics Group . The company is one of Europe's leading cold chain logistics providers to meat producers and other food producers that operates temperature - controlled supply chains . The Group operates four brands with HSF Logistics a leading brand in the Netherlands , Germany and the UK . N & K Spedition and Skive Køletransport are leading brands in Denmark and Scandinavia , together constituting around half of the revenue of the Group . Eurofresh is a brand focused on the German market . The acquisition of HSF Logistics Group is aligned with DFDS ' Win23 strategy of growing solutions to selected industries , including cold chain logistics customers . Following the acquisition , the revenue of DFDS ' Logistics Division will increase to DKK 8bn of which around half will be generated by cold chain logistics . " I am very excited about the acquisition of HSF Logistics Group as it significantly expands our customer offering to a wide range of food producers . It also opens the door for new growth opportunities and adds freight volumes to our ferry route network " , says Torben Carlsen , CEO of DFDS . “ As part of the family that founded HSF Logistics nearly a hundred years ago in 1923 , I am very happy to now become part of the DFDS family . Together , we can grow the business for the benefit of our many longstanding customers and our many loyal , dedicated employees " , says Simon Frederiks , major shareholder of HSF Logistics Group . " By becoming part of DFDS we gain access to new growth opportunities . It enables us to offer customers wider market coverage and use our combined expertise to develop even more efficient and reliable solutions " , says Martin Gade Gregersen , CEO of HSF Logistics Group . About HSF Logistics Group HSF Logistics Group is a full - service provider of cold chain logistics solutions to the food industry with a specialist focus on meat logistics . Services include collection from food producers , packaging , storage , processing services , and distribution of both part and full loads . Contact Torben Carlsen , CEO +45 33 42 32 01 Karina Deacon , CFO +45 33 42 33 42 Søren Brøndholt Nielsen , IR +45 33 42 33 59 Nicole Seroff , Communications +45 31 40 34 46 About DFDS DFDS provides ferry and transport services in Europe , generating annual revenues of EUR 1.9bn . To over 10,000 freight customers , we deliver high reliability through ferry & port terminal services and transport & logistics solutions . For five million passengers , we provide safe overnight and short sea ferry services . Our 8,000 employees are located on ships and in offices across 20 countries . DFDS was founded in 1866 , is headquartered in Copenhagen , and listed on Nasdaq Copenhagen . Disclaimer The statements about the future in this announcement contain an element of risk and uncertainty which means that actual developments may diverge significantly .