DANX strengthens Swedish network with strategic acquisition of Forslund & Malmström
investment in Forslund & Malmström (FOMAB) will strengthen its foothold in
Sweden through the expansion of its fleet and final mile capabilities
DANX is announcing the acquisition of Forslund & Malmström (FOMAB) in a
move that will allow the time-critical logistics specialist to extend its
services to even the most isolated parts of northern Sweden.
in final-mile distribution services in Northen Norrland, one of the most remote
parts of the country, and has terminals in Luleå, Gällivare and Kiruna.
which has been growing steadily since it was founded by Fredrik Forslund in
2007, serves both business-to-business and business-to-consumer customers.
“This will not only
expand our physical capabilities in Norland, but will also enhance our ability
to navigate the unique logistical challenges presented by the northern reaches
of the country,” said Martin Grauers, Managing Director of DANX Sweden.
continue to manage FOMAB’s operations following the acquisition and lead the
team into the next chapter of its development.
optimistic about FOMAB’s future and how we will grow with DANX, and are
confident that this will bring about new commercial and operational
possibilities,” said Forslund.
It is the latest in
a series of new partnerships made by DANX this year, following the joining of
forces with Polish logistics specialist, ILS, and Norway’s Tromsø Budbil