In a move to increase its overnight airfreight operation between the UK and Europe, Carousel Logistics has purchased BDA Logistics Innovation (BDA). This acquisition strengthens its position across Europe, with turboprop airfreight services covering the Netherlands, Ireland and the UK.
“With an impressive client portfolio and high service levels we have admired BDA for some time, particularly because they share in our belief for delivering exceptional service solutions. As the demand for service-logistics continues to grow, it is important that we provide the right technology, network and services that our clients need,” said Carousel co-founder and group chief executive Graham Martin.
“By utilising our established technology infrastructure, we can connect the two companies easily, bringing huge benefits to clients and staff alike. We have a great foundation to work from and we look forward to working with BDA and building on our extensive experience together,” he added.
As part of the acquisition, BDA will be integrated and rebranded as Carousel to reflect its position within the wider group of companies. Kevin Turner will remain as managing director of the air-bridge division and BDA’s operations, locations and account management teams, will remain unchanged.
“The way in which Carousel has grown so dramatically, has been really impressive to watch in recent years. With a mutual recognition of one another’s strengths, we have held Carousel’s market-leading service and technology platform in high regard for some time, while Carousel has recognised the strength of our infrastructure and client relationships,” commented Kevin.
“In joining the wider group of companies, we can extend our service portfolio and offer agile technologies, all for benefit of our clients. Plus, with an innovative culture and award-winning commitment to staff training and development, there is also an exciting opportunity for staff too. We can’t wait to get started,” Kevin continued.
Marked as Carousel’s third acquisition since 2016, it will increase revenues by more than 50%. The deal is the largest in its history and follows on from investment from private equity firm Livingbridge in 2013.
