Carousel Logistics expands with BDA acquisition
2019-03-21 12:11:21
(www.cargofee.com) News Broadcast:
Carousel Logistics has purchased BDA Logistics Innovation (BDA), a move that increases its overnight airfreight operation between the UK and Europe.
Carousel said the acquisition of the time-critical aftermarket logistics specialist strengthens its position across Europe, with turboprop airfreight services covering the Netherlands, Ireland and the UK.
This is Carousel’s third acquisition since 2016 and will increase revenues by more than 50%. The deal is the largest in its history and follows on from investment from private equity firm Livingbridge in 2013.
BDA will be integrated and rebranded as Carousel to reflect its position within the wider group of companies. Kevin Turner will remain as managing director of the air-bridge division and BDA’s operations, locations and account management teams, will remain unchanged.
Carousel specialises in the medical, technology and agriculture offers first and final-mile delivery options; field engineer and dealer services; air and road line-hauls; in-night distribution; warehousing and returns management solutions from its ten European service centres.
BDA, meanwhile, has operations at four hubs: Maastricht, Birmingham, Frankfurt and Dublin.
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