DANX Carousel has strengthened its position as the leading European provider of time-critical logistics solutions with the acquisition of German-based in-night logistics, repair, and field services specialist LPR Group.
LPR offers German-wide services covering both night and day-time express services, emergency logistics, and returns management, as well as warehousing and on-site servicing, including the installation, maintenance, and replacement of consumable materials, and on-site repairs.
Founded in 1988, the LPR Group has 500 employees, including 200 service engineers working in the field, supported by a repair centre specialising in maintenance, pre-configuration, refurbishment, inspection, and warranty services.
LPR also plays a key role in the rollout of smart energy meters as part of the ongoing conversion of the gas network, as well as aftermarket servicing.
“This strategic acquisition brings LPR’s extensive experience across Germany into the DANX Carousel network. It is part of our ongoing drive to build Europe’s leading time-critical logistics provider. LPR’s regional and technical servicing capabilities complement our own and together we can deliver more comprehensive end-to-end solutions across the full supply chain,” said Klaus Rud Sejling, Chief Executive Officer, DANX Carousel.
The LPR acquisition comes in a year in which the DANX Carousel Group made several acquisitions to consolidate its position as a leading time-critical logistics provider.
“Our new partnership with DANX Carousel presents an exciting opportunity to strengthen our time-critical logistics capabilities and continue to match our customers’ high expectations. Following a period of sustained growth across the business, particularly in the retail, healthcare, and IT services sectors, I look forward to working with DANX Carousel as we cement this progress and expand our geographic reach,” said Michael Bonnes, Chief Executive Officer, LPR Group.
DANX Carousel has been owned by private equity firm Axcel since 2022.