HPT

What HPT does

H. P. Therkelsen A/S (HPT) is a Danish, family-owned temperature-controlled logistics company founded in 1918 and headquartered in Padborg, near the Danish-German border. The company specializes in road transport and warehousing of foodstuffs, fresh fish, dry goods and pharmaceutical products across Europe, operating a fleet of approximately 200 vehicles — including 160 owned multi-temperature trailers with two thermal compartments that enable simultaneous refrigerated and frozen transport. It runs 12,400 m² of warehouse space at its Padborg terminal (8,400 m² cold/frozen, 4,000 m² dry) and supports operations with an in-house workshop, packaging washing facility and 100% electronic stock traceability. Its service portfolio covers FTL, cross-trade, groupage, 3PL, dedicated warehousing, and GDP-compliant pharma transport, and is certified to IFS Logistics 3.0 and ISO 9002 standards.

HPT reaches beyond its owned footprint through the European Food Network (EFN), a partnership of 23 independent family businesses covering 34 European countries, in which HPT is a co-founder. The company sells primarily through enterprise field sales — organized by region with dedicated Key Account Managers — supplemented by an EDI integration layer and a web booking portal for mid-market customers. Revenue is generated via managed-services contracts for transport, warehousing and 3PL; pricing is quote-based and not publicly disclosed. The company has wholly-owned subsidiaries in Germany (H. P. Therkelsen Logistics GmbH) and Poland, additional sales/operations offices in the Netherlands and Støvring (Denmark), and is led by third-generation CEO Peter Therkelsen with founder-era chairman Mogens Therkelsen on the board. Notable long-term customers include TRADIMAR FRANCE (fresh fish, partner since 1996) and multiple enterprises with 50+ year relationships, evidencing deep customer stickiness in a sector where cold-chain integrity and food-safety compliance (IFS, GDP) drive purchasing decisions.

Name

HPT

Legal name

H. P. Therkelsen A/S

Website

https://hpt.dk

Company type

Private

Founded year

1918

Operating status

Operating

Headcount range

251–500 employees

Short description

HPT (H. P. Therkelsen A/S) is a 107-year-old Danish family-owned logistics company specializing in temperature-controlled road transport, cold-chain warehousing and 3PL services for food, fresh fish, dry goods and pharmaceutical customers across Europe, operating ~200 vehicles and 12,400 m² of warehouse space with reach extended via the European Food Network.

Ownership category

akta.pro rank

Product category

Temperature-Controlled Transport & Logistics

NAICS

Refrigerated Warehousing and Storage (493120), Refrigerated Warehousing and Storage (49312), General Warehousing and Storage (49311)

SIC

Trucking & Courier Services (No Air) (4210), Public Warehousing & Storage (4220)

akta.pro primary industry

LTL Temperature-Controlled / Perishable Carriers (TLADAEAK)

akta.pro secondary industries

Meat, Poultry & Seafood Refrigerated Warehousing (TLALABAC), Temperature-Controlled Cross-Docking & Transload (Cold Chain) (TLALABAJ), Pharmaceutical Cold-Chain Delivery (2–8°C / CRT) (TLAAAJAC)

Keywords

• Temperature-controlled transport
• Cold chain logistics
• Refrigerated road freight
• Pharmaceutical logistics
• Third-party logistics

Headquarters

HQ city

Padborg

HQ country

Denmark

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Transport and Logistics Services: Core revenue stream from temperature-controlled road transport of foodstuffs and temperature-sensitive goods throughout Europe. Services include FTL (Full Truck Load), cross trade, and groupage transport. Revenue generated through contractual transport agreements with enterprise customers.
2. Third-Party Logistics (3PL): Comprehensive logistics outsourcing services including warehouse management, customs warehousing, order management, goods ordering, and all road transport needs. Provides pick & pack services with 100% traceability.
3. Warehouse and Storage: Storage services including 8,400 m2 of refrigerated and frozen storage, 4,000 m2 of dry goods storage. Services include frozen (-18°C), refrigerated (+2 to +4°C), ambient storage, and organic product storage.
4. Workshop and Maintenance Services: In-house workshop providing maintenance, MOT preparation, painting, trailer repairs, tyre changes, and communication equipment installation for trucks and trailers. Also includes vehicle washing services.
5. Packaging Services: Packaging washing and cleaning services for reusable packaging including plastic crates and pallets. Packaging exchange and management services for EUR, H1 pallets and E2 crates.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

H. P. Therkelsen (HPT) is a Danish family-owned logistics company that provides road-based transport and warehousing services for temperature-sensitive goods across Europe. Its core offering centers on temperature-controlled transport of foodstuffs (frozen, chilled, fresh fish, dry goods) and pharmaceuticals using its own fleet of 160 multi-temperature trailers and 12,400 m² of warehouse facilities, supported by EDI integration, 3PL services, packaging washing, and an in-house workshop.

Product overview

H. P. Therkelsen (HPT) is a Danish family-owned logistics company founded in 1918, offering a comprehensive suite of transport and logistics services rather than a single software product. The core service portfolio includes: Transport and Logistics as the foundational offering, supplemented by specialized temperature-controlled transport services for Foods (Køl og Frys), Fresh Fish (Fersk Fisk), Dry Goods (Tørvare), and Pharma products. Supporting operations include Warehouse Logistics (Lagerlogistik) with temperature-controlled storage facilities, 3PL (Third-Party Logistics), Workshop (Værksted) for vehicle maintenance, and Packaging services (Emballagevask). The FTL/Cross Trade service extends transport capabilities throughout Europe. All temperature-controlled transport utilizes multi-temperature trailers, and operations are certified to IFS Logistics 3.0 standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Transport and Logistics Core road transport and logistics services for temperature-sensitive goods throughout Europe, including FTL, cross-trade and groupage transport with EDI integration capabilities. For enterprise customers shipping foodstuffs across European markets.
• Refrigerated and Frozen Transport (Køl og Frys) Temperature-controlled transport of chilled and frozen foods using multi-temperature trailers that allow simultaneous transport of refrigerated and frozen goods in a single trailer. For food manufacturers and distributors.
• Fresh Fish Transport (Fersk Fisk) Specialized transport of fresh fish from Danish harbours to distribution points across Europe, including collection, handling, storage, sorting, icing, and customs documentation for non-EU exports. For fresh fish distributors.
• Dry Goods Transport (Tørvare) General cargo (ambient-temperature) transport to and from Scandinavia and Europe, including part-loads, full-loads, and cross-trade services. For shippers of non-temperature-sensitive general cargo.
• Pharmaceutical Transport Transport of pharmaceutical products in accordance with Good Distribution Practice (GDP) principles, with temperature control, monitoring and full traceability. For pharmaceutical manufacturers and distributors requiring GDP-compliant transport.
• Warehouse Logistics (Lagerlogistik) Warehouse hotel services with 8,400 m² of refrigerated/frozen storage (frozen -18°C, chilled +2 to +4°C) and 4,000 m² of dry goods/ambient storage, including organic product storage. For customers needing temperature-controlled storage capacity.
• Third-Party Logistics (3PL) Comprehensive logistics outsourcing including warehouse management, customs warehousing, order management, goods ordering, pick & pack, container emptying, and all road transport needs with 100% traceability. For companies outsourcing end-to-end logistics functions.
• Workshop Services (Værksted) Round-the-clock workshop maintaining more than 270 trucks and trailers, offering general service, MOT preparation, painting, trailer repairs, tyre changes, communication equipment installation, and vehicle washing. For fleet operators and transport companies.
• Packaging Washing (Emballagevask) Washing and cleaning of reusable transport packaging including plastic crates and pallets, with packaging exchange and management for EUR, H1 pallets and E2 crates. For companies using reusable transport packaging.
• FTL / Cross Trade Full Truck Load and Cross Trade services extending HPT's transport capabilities beyond Scandinavia to cover all of Europe. For customers needing dedicated full-load capacity or cross-border movement.

Quantifiable outcome

• Unbroken cold chain guarantee with complete temperature documentation
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• European Food Network (EFN)coreStrategic or Co-development PartnerH. P. Therkelsen A/S is an active partner in the European Food Network, contributing to logistics services across Europe. The network comprises 23 independent family businesses covering 34 European countries. Partners pool logistics services under the EFN umbrella for general cargo shipments to selected delivery points. Network was co-founded by HPT in 2013.
• TRADIMAR FRANCEminorStrategic or Co-development PartnerPartnership with Europe's largest fresh fish distributor established in 1996. Collaboration for fresh fish transport and distribution services.
• ECL-GroupminorStrategic or Co-development PartnerStrategic partnership established in 1998 for logistics collaboration and service enhancement.
• FrigoscandiaminorStrategic or Co-development PartnerEFN partner responsible for Sweden, Norway and Finland in the European Food Network.
• DACHSER FranceminorStrategic or Co-development PartnerEFN partner responsible for exports from France in the European Food Network.
• DACHSER ItalyminorStrategic or Co-development PartnerEFN partner responsible for Italy in the European Food Network.
• Fresh Logistics (Raben Group)minorStrategic or Co-development PartnerEFN partner responsible for Poland, Estonia, Latvia and Lithuania in the European Food Network.
• LogifriominorStrategic or Co-development PartnerEFN partner covering Spain and Portugal in the European Food Network.
• GallikerminorStrategic or Co-development PartnerEFN partner covering Switzerland and Liechtenstein in the European Food Network.
• BRUMMERminorStrategic or Co-development PartnerEFN partner covering Passau region in Germany, Austria and Slovenia in the European Food Network.

Scale indicators10 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Frigoscandia: Frigoscandia is a Nordic cold chain logistics provider serving Sweden, Norway, and Finland as the EFN partner for those markets. Frigoscandia directly competes with HPT for Scandinavian cold chain customers and offers comparable temperature-controlled transport and storage services.
• Logifrio: Logifrio is a Spanish cold chain logistics specialist covering Spain and Portugal as part of the European Food Network. Logifrio operates temperature-controlled transport and warehousing for food manufacturers with a comparable service portfolio to HPT, making it a direct EFN partner peer in Southern Europe.
• Raben Group (Fresh Logistics): Raben Group's Fresh Logistics division specializes in temperature-controlled transport and warehousing across Central and Eastern Europe (Poland, Baltics). Fresh Logistics is an EFN partner alongside HPT, serving very similar fresh food and cold chain customers with comparable multi-temperature trailer technology. Directly comparable on service offering and customer type.
• Brummer Logistik: Brummer Logistik is a German family-owned logistics company specializing in temperature-controlled food transport, covering the Passau region, Austria, and Slovenia. As an EFN partner serving similar food manufacturer customers with comparable cold chain capabilities, Brummer is a direct peer and alliance partner to HPT.

Broad incumbents

• Kuehne+Nagel: Kuehne+Nagel is one of the world's largest logistics providers with significant cold chain and temperature-controlled capabilities globally, including European road transport and pharma cold chain services. As a broad incumbent, K+N competes with HPT for large pharma and food customers requiring pan-European coverage and represents the scale ceiling HPT must differentiate against.
• DSV: DSV is a Danish-headquartered global transport and logistics company with major road, air, and sea freight operations across Europe. DSV is a natural comparable given the Danish origin and the overlap in European road freight, including temperature-controlled services. As a much larger incumbent, DSV pressures HPT on large enterprise tenders but validates the Danish logistics hub thesis.
• DACHSER: DACHSER is one of Europe's largest family-owned logistics providers, with extensive road transport and warehousing operations across Europe. DACHSER France and Italy are EFN partners alongside HPT, and DACHSER competes with HPT in temperature-controlled food logistics across European lanes. As a broad incumbent, DACHSER operates at vastly greater scale than HPT and serves as both partner and competitor.
• DB Schenker: DB Schenker is a major European land transport, air freight, and contract logistics provider with comprehensive temperature-controlled capabilities. Schenker competes with HPT for large European cold chain contracts and represents the kind of vertically integrated incumbent that pressures mid-sized specialists.
• STEF: STEF is a European specialist in temperature-controlled food logistics with owned fleets and cold storage across France, Spain, Italy, Portugal, Belgium, and the Netherlands. STEF directly competes with HPT in cross-border European cold chain food transport and shares the multi-temperature fleet and warehousing model.
• Geodis: Geodis is a French global logistics provider offering road transport, contract logistics, and supply chain optimization including temperature-controlled solutions. As a broad European incumbent with significant cold chain capabilities, Geodis competes with HPT for pan-European food and pharma customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HPT