Comment / Analysis: CVC-backed Scan Global – more growth, more debt, more losses

ID 72998090 © Stephen Davidson | Dreamstime.com

Regardless of the bullish narrative* concerning the achievements of Denmark’s Scan Global Logistics (SGL) in the first quarter (Q1 25), disclosed on 20 May, the bullet question in Premium’s marketplace is: how is private equity (PE) really faring in asset-light transport & logistics?

(*We don’t have to look any further than here and here.)

Let’s look.

All good on the surface 

The forwarder, owned by CVC Capital Partners for just over two years – at the start of 2025 rightly predicting ’a bumpy’ road ...