Logistics M&A: BDP finalizes acquisition of Spain-based Euromodal

With this acquisition, Euromodal will now become Euromodal BDP International Spain S.A.U.

By ·

Global logistics and freight transportation services provider BDP International said this week it has completed its acquisition of Euromodal S.A., a Madrid, Spain-based logistics services provider.

Financial terms of the deal were not disclosed.

With this acquisition, Euromodal will now become Euromodal BDP International Spain S.A.U. and be led by Jose Angel Martinez, Jr., according to BDP officials. Euromodal was founded in 1991 and provides various services, including multi-modal transport, customs brokerage, warehousing, stock control, picking and packing, fiscal depot, outsourcing, and IT for loading and assembling software.
Euromodal has offices in Barcelona, and Valencia along with a worldwide network of affiliates. And by becoming part of BDP it now has access to BDP’s IT and global subsidiary network of subsidiaries, joint ventures and strategic partnerships in more than 120 countries. Euromodal has 40 employees and more than 500 customers, including Vodafone, Endesa, Fujitsu , Estee Lauder, Sun Microsystems and Johnson & Johnson. Prior to this deal Euromodal was affiliated with BDP as a member of the BDP Global Network.

“The extension of BDP’s presence in Spain and other markets is driven by our customers’ business development activity as well as the ongoing study of vertical industry and economic trends,” said Arnie Bornstein, BDP International executive director, marketing and communications. “The phased acquisition, which began in late 2007, was predicated on the continuing development of trade lanes including Asia, Latin America, Spain and the Western Mediterranean.”

In terms of the biggest benefits of this deal for BDP customers—or shippers—Bornstein explained that in the ‘new normal’ economy companies involved in international trade are looking outside the one-size-fits-all business model of huge consolidators and others in the logistics service sector. And like BDP, Euromodal has been a family owned and operated business built over the past two decades on zealous attention to individual customers. 

“Our complementing business model in tandem with BDP’s logistics and transportation visibility technology mean a more intimate and accountable service experience for companies conducting trade in Spain and the Western Mediterranean,” he said. 

Euromodal’s Martinez said in a statement that becoming a full member of the BDP family gives the company even greater leverage in competing more effectively for its customers in the global economy.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Maximizing Your Sales Team’s Effectiveness
Companies need to examine how to restructure their sales team to respond to different customers and subsequent buying behaviors and preferences.
Download Today!
From the November 2017 Logistics Management Magazine Issue
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships into true, collaborative partnerships—and greatly strengthened its logistics and supply chain operations in the process.
34th Annual Quest for Quality Awards: 2017 Awards Dinner
Trucking Regulations: Washington U-Turns; States put hammer down
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Make Your Products Smarter in the Supply Chain with the IoT
This webinar explores how temperature-sensing smart labels and inexpensive NFC tags are being used to extend product safety and efficiency beyond the shipping dock while also building a communication bridge to your customers.
Register Today!
EDITORS' PICKS
2017 NASSTRAC Shipper of the Year: Mallinckrodt; Mastering and managing complexity
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships...
2017 Alliance Awards: Recognizing outstanding supply chain partnerships
In an era where effective supply chain collaboration is both highly valued and elusive, Logistics...

26th Annual Study of Logistics and Transportation Trends: Transportation at Digital Speed
While a majority of companies strongly agree that transportation is a strategically important...
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...