BDP International (BDP), a privately-owned U.S.-based global logistics and transportation company, has completed its phased acquisition of Euromodal S.A., taking 100% ownership of the Spanish logistics firm. Terms of the transaction were not disclosed.
The company will conduct business as Euromodal BDP International Spain, S.A.U. under the direction of Jose Angel Martinez, Jr., gaining access to BDP's advanced information technology and global network of subsidiaries, joint ventures and strategic partnerships in more than 120 countries.
"With equity positions in regional operations in Belgium, France, Germany, The Netherlands, Italy, The United Kingdom, and the Czech Republic, we recognized that we needed to solidify our presence in Spain to better support our customers' expanding trade lane activity in the western Mediterranean," says John Bolte, BDP's chief operating officer.
Established in 1991 and based in Madrid, Euromodal provides a full range of logistics services, including multi-modal transport, customs brokerage, warehousing, stock control, picking and packing, fiscal depot, outsourcing, and IT for loading and assembling software. In addition to its Madrid headquarters, the company has offices in Barcelona, and Valencia. Like BDP, it also has a worldwide network of affiliates.
