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
Logistics Network Analysis
Logistics network monitoring is an important step in understanding what actually occurs throughout your supply chain.
Download Today!
From the January 2018 Logistics Management Magazine Issue
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
The Future of Retail Distribution
Navigating the Reverse Supply Chain for Connected Devices
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
IAM, IoT and the Connected Supply Chain
There are three primary models of Identity and Access Management (IAM) technology that CTOs, CSOs, and Supply Chain executives are using to enhance their trading partner communities. While each leverages IAM and the IoT as core components only an “Outside-in” approach truly connects people, systems and things reliably and securely across the supply chain.
Register Today!
EDITORS' PICKS
State of Global Logistics: Delivering above and beyond
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and...
2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward
Trade and transport analysts see rates rising across all modes in accordance with continued...

Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...
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...