On Friday, 25 November 2022, First Dutch completed the sale of its stake in Share Logistics to the French logistical organisation Groupe BBL.
Share Logistics is a large freight forwarder based in Barendrecht, the Netherlands, and offers a complete range of high-quality logistical services, mainly in air and sea freight. Founded in 1997, Groupe BBL is a European logistics service provider with a strong position in contract logistics, road transport, customs services and overseas transport. This is a strategic transaction for both parties to jointly serve their customers even more effectively.
The acquisition of Share Logistics contributes to Groupe BBL’s ambition to strengthen its Transatlantic network. Furthermore, by joining forces, Share Logistics adds new countries to BBL’s CARGO ‘Overseas Transport Network’, allowing it to expand its activities in the Euro-Mediterranean network further.
Groupe BBL hopes to strengthen its footprint and cargo network by acquiring Share Logistics. Christophe Besset, CEO of Groupe BBL, expressed his enthusiasm for the acquisition:
‘Share Logistics and Groupe BBL obviously share the same fundamentals: those of a client-driven midsize organisation passionate with complex and time-critical logistics solutions; those of a human-sized family business focused on employee’s expertise and engagement. We have a perfect match regarding the complementarity of the two companies. Share Logistics will add new countries to our BBL CARGO “Overseas Transport network”.’
First Dutch is proud that Share Logistics can realise its next growth phase together with Groupe BBL.
Read the full press release here.