Global port operator PSA has snapped-up US freight forwarder BDP International, its first foray into logistics, it announced yesterday.
The Singapore-based terminal operator is to acquire all BDP’s shares from Greenbriar Equity Group for an undisclosed sum.
The private equity firm invested in Philadelphia-based BDP in December 2018, and was rumoured to be shopping around for a buyer as early as March of this year, according to Loadstar Premium, which estimated the sale …

The post PSA snaps-up US forwarder BDP in its quest for an ‘internet of logistics’ appeared first on The Loadstar.

Source: The Loadstar