PSA to acquire privately-held BDP International from Greenbriar Equity Group

LogisticsUpdateAfrica

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PSA International Pte has signed an agreement to acquire 100 percent of the shares of privately-held BDP International from New York-based private equity firm Greenbriar Equity Group.

PSA to acquire privately-held BDP International from Greenbriar Equity Group

PSA International Pte has signed an agreement to acquire 100 percent of the shares of privately-held BDP International from New York-based private equity firm Greenbriar Equity Group.

Headquartered in Philadelphia, USA, BDP is a global logistics solutions provider managing end-to-end movement of shipments covering a range of industries and segments such as chemicals, industrial, healthcare, consumer and retail customers. With 133 offices worldwide, it specialises in the management of highly complex supply chains and is a proven industry leader in chemical and high care logistics and innovative visibility solutions.

PSA has been actively collaborating with its customers and partners to offer logistics and supply chain solutions beyond the port. With this investment, PSA will benefit from BDP’s global expertise in end-to-end supply chain services, while BDP can leverage PSA’s network of more than 60 deepsea, rail and inland terminals worldwide, as well as affiliated businesses in distriparks, warehouses, logistics and marine services, to continue its growth plans.