PSA BDP, a global logistics and supply chain solutions provider, announced the acquisition of a majority stake in ED Forwarding, a Mexico-based logistics solutions provider.
With this acquisition, PSA BDP strengthens its presence in Mexico and enhances its ability to better serve customers with an expanded suite of supply chain solutions.
Headquartered in Mexico City, ED Forwarding is well-established in the region, serving a variety of customers across multiple industry verticals.
Customers will benefit from PSA’s global network of deepsea, rail and inland terminals, PSA BDP’s expertise in innovative end-to-end supply chain management solutions, and affiliated businesses in marine and digital services.
This acquisition follows a longstanding partnership between the two companies, as ED Forwarding has been a partner agent within PSA BDP’s global network for over 10 years.
By joining forces, PSA BDP and ED Forwarding will leverage their combined expertise, infrastructure, and networks to provide greater value to customers within but also beyond the region. Customers will reap the advantages of an enhanced service portfolio, increased operational efficiencies, and access to a more robust logistics network tailored to the evolving demands of the market, according to the statement.
“Our investment in ED Forwarding represents a natural evolution of our longstanding partnership and an exciting opportunity for growth; I could not be more pleased to firm up this agreement,” said Hector Gonzalez, Deputy CEO at PSA BDP. “The synergies between our companies create tremendous opportunities for innovation, growth, and enhanced customer experience.”
Jorge Pedroza Paez, Managing Director of ED Forwarding, commented: “Having worked closely with PSA BDP for many years, we are excited to formalise this partnership and accelerate our shared vision for the future. Together, we are well-positioned to better serve our customers in a key market.”
