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Recent deal ⸱ 24-09-2019

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.

Expertise
Corporate / M&A

Thijs

Verstraten

Nicky

Spaan

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.

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