Announced
Completed
Financials
Sources
Tags
United States
Majority
transportation services
Cross Border
Transportation Services
Private Equity
Private
Friendly
Single Bidder
Acquisition
Completed
Synopsis
PSA, a port group and trusted partner to cargo stakeholders, with flagship operations in Singapore and Antwerp, completed the acquisition of BDP International, a provider of logistics and transportation services, from Greenbriar Equity, a private equity firm. Financial terms were not disclosed. “The synergies between BDP and PSA are apparent, with foundations built on service excellence, delivering value to customers and stakeholders, and by creating rewarding careers for our colleagues. With the extensive capabilities of PSA and their significant market presence worldwide, we will undertake a new chapter of growth with incredible opportunities to optimise global supply chain activities for our customers," Mike Andaloro, BDP CEO and President.
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