Dubai’s DP World buys Danish firm for $748m

Global port operator DP World says it has acquired Danish logistics firm Unifeeder for $748 million (about €660 million), helping the Dubai-owned company expand its foothold through the largest feeder and shortsea network in Europe.

DP World’s full acquisition of Unifeeder Group from Nordic Capital Fund VIII was announced in August, but finalized on Thursday.

DP World says Unifeeder’s smaller vessels and connectivity to approximately 100 ports will enhance the port operator’s presence in the global