Eimskip strengthens its position in the Netherlands by

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Eimskip strengthens its position in the Netherlands by acquiring the reefer logistics company Extraco

Eimskip has strengthened its position in worldwide reefer logistics services by acquiring 90% of the forwarding company Extraco Internationale Expeditie B.V. in the Netherlands.

Extraco was founded in 1991 and is located close to the port of Rotterdam, the largest port of Europe. It services importers of chilled and frozen commodities in the Netherlands, as well as providing import handling, warehousing, custom brokerage and distribution of bulk, chilled and frozen commodities in Europe. The company’s annual turnover amounts to approximately EUR 19 million.

Extraco employs 19 people and the majority of the company’s current management team will stay on board the company and own 10% share. The company will move into Eimskip’s office in Rotterdam to achieve synergies and will form a reefer logistics center with the other Eimskip identities there: European Transport Services (E.T.S.), Eimskip Reefer Logistics and Jac. Meisner.

This is the first of several accretive acquisitions that Eimskip will be making in its core markets in the coming months. This acquisition will strengthen and diversify the company’s freight forwarding services in the Netherlands.

Gylfi Sigfússon, President and CEO of Eimskip

“We welcome Extraco and all of its customers into the Eimskip group and know that the synergies, increased diversification and the valuable experience of Extraco’s employees will help us to further strengthen our forwarding operation in the Netherlands.”

Dick de Weerdt, Managing Director of Extraco

“It’s my pleasure to announce that the management of Extraco has decided to join the Eimskip group of companies. It is my firm belief that our customers will benefit from Eimskip’s extensive logistics and shipping network. Our aim to deliver high performance and superior reliability will remain our primary goal at all times.”

About Eimskip

Eimskip was founded in 1914 and is a publicly traded company with its shares listed at Nasdaq Iceland. The company runs a network of 57 offices in 19 countries, operates 20 vessels and has around 1,600 employees. Approximately half of Eimskip’s revenue comes from operations outside Iceland. The company’s vision is to provide outstanding transportation services through a dependable transport system in the North Atlantic and an extensive worldwide network of reefer logistics services.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 7

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
Skandia's Soundproofing Kit Expands to Brazil's Skies

Updated Category News Views 7

Soundproofing Takes Off in Brazil Skandia has just pulled off a neat trick, earning the nod from Brazil's National Civil Aviation Agency (ANAC) for their King Air soundproofing kit. That means quieter skies ahead for operators of the King Air 200 and 300 series in Brazil. This is no small feat, folks; it's like finally getting that coveted backstage pass after years of...

Continue Reading
Cala Launches Game-Changer Wearable for Tremor Relief

Updated Category News Views 10

Breaking New Ground in Neuromodulation Medical tech's on a roll, and Cala Health just hopped on the fast track with their latest launch—the Cala kIQ Plus System. This bad boy is aiming to offer relief for those grappling with hand tremors, thanks to its FDA clearance and a host of new features. It's the first of its kind, combining multiple therapy modes with an...

Continue Reading
Cure Blindness Project's 770K Screenings for World Sight Day

Updated Category News Views 11

Visionary Steps Toward a Brighter Future No two words could describe the task that Cure Blindness Project is tackling this year: vision and action. Marking World Sight Day on October 8, they plan to usher in 770,000 eye screenings across Asia, Africa, and the Caribbean. These initiatives aren't just numbers—they're a colossal step toward lifting the veil of avoidable...

Continue Reading
Purina Institute Highlights Nutritional Science at WSAVA 2026

Updated Category News Views 13

A Global Stage for Pet Nutrition Science The folks over at the Purina Institute are back in the spotlight as they gear up to throw their weight behind the 51st World Small Animal Veterinary Association (WSAVA) Congress in Warsaw, Poland. Set for October 13-15, 2026, this isn’t just another event—they're bringing some serious clout with their 'Food for Thought'...

Continue Reading
JiMMYBAR! Expands Creatine Market with Target Launch

Updated Category News Views 13

JiMMYBAR! Breaks New Ground in Supplements You ever notice how some companies just know how to shake things up? Take JiMMYBAR!, for instance. The moment I read they’re making moves to get their Creatine + Protein bars into Target stores nationwide, starting October 4, I thought, “That’s one way to drag creatine out from the dusty tub and onto the shelves of...

Continue Reading
Pushing for National Liver Cancer Awareness in 2026

Updated Category News Views 11

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Continue Reading
Northern Jet Names Veteran Matthew Harris as CEO

Updated Category News Views 24

Fresh Leadership at Northern Jet Well, if you didn’t see this coming, you’ve been snoozing on the tarmac. Northern Jet, no stranger to the skies after three decades, just roped in Matthew Harris as their new CEO from October 2, 2026. They're pulling in this hotshot with more than 25 years riding the turbulence of private aviation. And listen to this: his marching...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 10

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
NYSE Texas Redefines the U.S. Capital Markets Landscape

Updated Category News Views 16

NYSE Texas: Carving a Niche The notion of 'Y'all Street' might seem like a gimmick, but NYSE Texas is pushing a serious agenda with its newly released white paper, 'NYSE Texas and the Reshaping of U.S. Capital Markets.' This is no small feat. Texas is already housing 235 NYSE-listed companies, boasting a colossal combined worth of $4.8 trillion. With 130 of these firms...

Continue Reading

Top 5 Most Recently Viewed Articles

U.S. Equity Risk Premium Hits Alarm Level: Insights by McGeever

Updated Category News Views 181

Understanding the U.S. Equity Risk Premium Collapse The U.S. stock market is currently experiencing a fascinating yet concerning trend with the equity risk premium (ERP). This premium, which measures the advantage investors receive for holding stocks over safer government securities, is facing a significant decline. As a crucial indicator, the ERP plays a vital role in...

Continue Reading
HiTHIUM Achieves EcoVadis Gold Medal, Leading in Sustainability

Updated Category News Views 229

HiTHIUM Achieves EcoVadis Gold Medal Recognition In a notable accomplishment for the energy sector, HiTHIUM has been awarded the EcoVadis Gold Medal for outstanding sustainability practices. This commendation places HiTHIUM in the upper echelon, specifically among the top 5% of companies globally evaluated for their sustainability efforts. With an impressive score of 80...

Continue Reading
Ashford Hospitality Trust to Sell Residence Inn for Growth

Updated Category News Views 138

Ashford Hospitality Trust Moves Forward with Strategic Sale Ashford Hospitality Trust, Inc. (NYSE: AHT) has recently made headlines with its announcement of a definitive agreement to sell the Residence Inn San Diego Sorrento Mesa. This 150-room hotel, valued at $42 million, demonstrates the company's nimble approach to managing its portfolio to enhance shareholder value....

Continue Reading
Warner Music Group Corp. Declares Quarterly Cash Dividend Announcement

Updated Category News Views 109

Warner Music Group Corp. Declares Quarterly Cash Dividend Warner Music Group Corp. has made an announcement that its Board of Directors has declared a regular quarterly cash dividend of $0.18 per share on both its Class A and Class B Common Stock. This dividend decision showcases the company's commitment to providing value to its shareholders. Understanding the...

Continue Reading
AGBU Cultural Center Welcomes Students After LA Fire Crisis

Updated Category News Views 249

AGBU Cultural Center Opens Its Doors to Local School Students In the aftermath of a devastating wildfire that consumed the Pasadena campus of Sahag Mesrob Armenian Christian School, the AGBU Vatche and Tamar Manoukian Cultural Center has stepped up to provide a crucial lifeline. Up to 190 students from Kindergarten through 8th grade are set to temporarily call this center...

Continue Reading