Singapore investment in US-American player
The New York-based private equity firm Greenbriar is selling one of its assets to PSA International, a port and terminal operator headquartered in Singapore. Based on the agreement, 100% of the shares of privately-held BDP International change hands.
The transaction is subject to formal approvals by the relevant authorities and other customary closing conditions. Headquartered in Philadelphia, USA, BDP is a globally active logistics solutions provider covering a range of industries and segments such as chemicals, industrial, healthcare, consumer and retail customers.
With 133 offices worldwide, it specialises in chemical and high care logistics, amongst others. Now, 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. (sh)