Inland shipping takeover

Euro-Rijn Group takes over project cargo carrier Danser

Euro-Rijn Group takes over project cargo carrier Danser
Photo Danser Group

The Euro-Rijn Group from Moerdijk has taken over Danser Group. The container and project cargo carrier employs 140 people and its fleet includes eight of its own ships and seventy charter ships. The company will continue to operate in container and project cargo transport under its name. An acquisition amount has not been disclosed.

“Nothing actually changes,” says Euro-Rijn director Arthur Boer when asked. Danser will soon fall under the holding company but will continue to work independently under its own name. The takeover still needs to be approved by the ACM. Boer expects ‘no problems’ with this. The takeover should be completed within a few weeks.

The Danser Group is one of the largest container and project cargo carriers on the Rhine, while Euro-Rijn is strong in the transport of dry cargo in inland shipping. Danser transported approximately 1.6 million TEU in 2023. Euro-Rijn trades approximately 150,000 containers for customers annually. The container and project cargo carrier’s fleet consists of a total of eight inland vessels that form four interconnections. The company also has access to approximately seventy charter ships.

In 2022, Danser came into the hands of Blue Ocean Capital (BOC). The investment company said at the time that it wanted to further grow Danser Group and focus on making the fleet emission-free and increasing the service offering. BOC got in touch with Euro-Rijn, Boer confirms. According to reports in Quote, BOC allegedly financed the purchase of inland waterways carrier ‘too tightly’.

Euro-Rijn had a turnover of 202 million euros in 2022. The Danser Group achieved a turnover of 68 million euros in 2022, as can be seen from the preliminary annual report.

This article was originally written by Rieneke Kok and published in Dutch by our sister publication NT.nl 

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Author: Adnan Bajic

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Euro-Rijn Group takes over project cargo carrier Danser
Inland shipping takeover

Euro-Rijn Group takes over project cargo carrier Danser

Euro-Rijn Group takes over project cargo carrier Danser
Photo Danser Group

The Euro-Rijn Group from Moerdijk has taken over Danser Group. The container and project cargo carrier employs 140 people and its fleet includes eight of its own ships and seventy charter ships. The company will continue to operate in container and project cargo transport under its name. An acquisition amount has not been disclosed.

“Nothing actually changes,” says Euro-Rijn director Arthur Boer when asked. Danser will soon fall under the holding company but will continue to work independently under its own name. The takeover still needs to be approved by the ACM. Boer expects ‘no problems’ with this. The takeover should be completed within a few weeks.

The Danser Group is one of the largest container and project cargo carriers on the Rhine, while Euro-Rijn is strong in the transport of dry cargo in inland shipping. Danser transported approximately 1.6 million TEU in 2023. Euro-Rijn trades approximately 150,000 containers for customers annually. The container and project cargo carrier’s fleet consists of a total of eight inland vessels that form four interconnections. The company also has access to approximately seventy charter ships.

In 2022, Danser came into the hands of Blue Ocean Capital (BOC). The investment company said at the time that it wanted to further grow Danser Group and focus on making the fleet emission-free and increasing the service offering. BOC got in touch with Euro-Rijn, Boer confirms. According to reports in Quote, BOC allegedly financed the purchase of inland waterways carrier ‘too tightly’.

Euro-Rijn had a turnover of 202 million euros in 2022. The Danser Group achieved a turnover of 68 million euros in 2022, as can be seen from the preliminary annual report.

This article was originally written by Rieneke Kok and published in Dutch by our sister publication NT.nl 

You just read one of our premium articles free of charge

Want full access? Take advantage of our exclusive offer

See the offer

Author: Adnan Bajic

Add your comment

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