SGL Group ApS: SGL Group completes the acquisition of ITN Logistics Group in Canada

Company announcement from
SGL Group ApS

15 May 2025 Company announcement no. 33

After the approval of Canadian Competition Authorities, SGL Group has completed the previously announced¹ acquisition of ITN Logistics Group in Canada. ITN is a leading privately owned Canadian freight forwarder offering a full suite of global logistics solutions across transport modes. Headquartered in Toronto and with four locations in Canada, ITN will strengthen SGL's Canadian operations by bringing additional scale and increased market share. Most importantly, ITN will bring additional human capital of more than 250 employees with comprehensive industry knowledge; people with a perfect match to SGL Group's DNA and culture.

¹ Please refer to Company Announcement 22 of 19 December 2024.

For further information, please contact:

Clara Nygaard Holst, Global CFO or Simon Kusk, Head of Group Finance

[e-mail] | ([phone]

This information is information that SGL Group ApS is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication by the above-mentioned persons at 18:00 CET on 15 May 2025.