Waterland buys logistics companies Marinetrans and BGL

September 24, 2019 – The shareholders of Best Global Logistics (BGL) and Marinetrans, both logistics service providers, have completed a combined sale of the companies to Waterland Private Equity Investments (Waterland). Lexence acted as lead counsel to Waterland coordinating the assistance of various law firms abroad.

Key contacts Luc Habets
Expertise Corporate notarial services, Corporate/M&A
Reading time < 1 min leestijd

Marinetrans is the world’s largest fourth-party logistics service provider dealing exclusively with marine spare parts forwarding and logistics. The company is headquartered in Singapore and has six additional offices around the globe. Through a network of dedicated partners, Marinetrans uses 22 warehouses and provides services in 2,000 ports worldwide.

BGL is an independent third-party logistics service provider offering relatively complex logistics solutions on a global scale. The company operates two bonded and free-zone warehouses located in Lijnden and Rotterdam, the Netherlands. BGL has a strong foothold in the maritime industry, while also serving a range of other industries.