DANX, ILS setup joint venture in Poland to target growing demand
Time-critical logistics firm DANX and warehouse company ILS are setting up a joint venture (JV) in Poland to target growing demand.
The JV will be established as 50/50 ownership and will offer the services and infrastructure provided by both DANX and ILS.
ILS moves more than 15m shipments per year, has three logistics centres and more than 220,000 sq m of warehouse space.
“DANX clients will benefit from ILS’s high-quality services in additional geographies without the need to seek alternative suppliers,” the company said.
“This includes ILS’s comprehensive distribution networks and a dense nationwide network of pick-up and drop-offs, as well as access to ten terminals – three main terminals and seven local ones.”
Managing director at DANX Denmark and Poland, Lars Bo Larsen said: “With the recent growth in the Polish economy, we recognise the importance of responding quickly to changes in the market. ILS is a national logistics powerhouse in Poland, offering not just a huge physical presence but also in-depth knowledge and vast expertise unmatched in this region.
“With demand for in-night and time-critical logistics at an all-time high, this partnership combines the very best expertise, dynamic solutions, and a strong network, to ensure our clients can be supported in line with this dramatic market growth.
“This joint venture will also provide extensive support to our wider, ambitious growth plans. For instance, it provides the perfect foundation for advancing sector specialisms – such as Materials Handling and Technology/IT – which can both benefit from our vast pick-up and drop-off network. Ultimately, it’s a great collaboration and we’re looking forward to getting started.”