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BDP Completes Acquisition of Spain's Euromodal
"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…"

PHILADELPHIA, MADRID, July 7, 2010 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 percent 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," said BDP Chief Operating Officer John M. Bolte in announcing the acquisition.

"We now have an even stronger presence in Europe and the support of our global organization in Spain, providing our clients the level of service they've come to expect from BDP," Bolte added. "We will continue to collaborate closely with the talented, professional staff of Euromodal to reinforce its seamless service and strong client relationships."

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.

"Becoming a full member of the BDP family gives us even greater leverage in competing more effectively for our customers in the global economy," said Martinez. "We share common values and corporate cultures that are based on zealous, personal customer service. There will always be a market for logistics companies that assign the highest priority to service excellence and strong client relationships. That's why BDP is a perfect fit for our customers."

About BDP

BDP International is one of the leading privately held freight logistics/transportation management firms based in the U.S. It operates freight logistics centers in more than 20 cities throughout North America and a network of subsidiaries, joint ventures and strategic partnerships in 122 countries. The company serves more than 4,000 customers worldwide. Clients include Bayer, Dow, DuPont, Heineken USA, Honeywell, Johnson & Johnson, Revlon, Trek Bicycle, Wacker, and others. BDP provides a range of services, including ocean, air and ground transportation; lead logistics process analysis, design and management; export freight forwarding; import customs clearance and regulatory compliance; project logistics; warehousing/consolidation/distribution; and web-based shipping transaction/tracking management systems. For more information visit: www.bdpinternational.com

About Euromodal BDP International Spain S.A.U.

Based in Madrid, Spain, Euromodal BDP International Spain S.A.U. is a leading European logistics firm, specializing in inbound logistics from Asia. The company offers a full suite of services, including ocean, air and road freight, customs brokerage, multimodal transport, warehousing, stock control, picking and packing, fiscal depot, bonded warehouse, outsourcing, and IT specializing in loading and assembling software. The company counts among its clients Vodafone, Endesa, Fujitsu, Estee Lauder, Sun Microsystems and Johnson & Johnson.

For more information contact:

For further information, contact Arnie Bornstein, Executive Director Marketing & Corporate Communications, BDP International, Inc., 510 Walnut Street, Philadelphia, PA 19106, phone: 215-629-8493, e-mail: abornstein@bdpnet.com. For BDP: Henry Raab, phone: 610-866-0611, e-mail: henry.raab@swbrinc.com.

For more information in Europe, contact Jose Martinez, General Manager, Euromodal BDP International S.A.U. Calle Pelaya No. 17, Poligono Ind. Rio de Janeiro, 28110 Algete, Madrid, Spain, phone: (34) 91-629-39-77; e-mail: jose.martinez@bdpinternational.com.

Melissa Emery
(610) 866-0611
melissa.emery@swbrinc.com

Submitted by: LogisticsWorld
news@logisticsworld.com, 7/12/2010 12:55:27 AM

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