PSA Expands Cargo Solutions Network in Türkiye with Acquisition of ALISAN Logistics
2023-04-19 10:02

PSA Expands Cargo Solutions Network in Türkiye with Acquisition of ALISAN Logistics

by Hristijan Ivanov
PSA Expands Cargo Solutions Network in Türkiye with Acquisition of ALISAN Logistics

The following release was published by PSA International:

PSA International has through its fully-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions Pte Ltd, signed an Agreement to acquire 75% of the shares of privately-held ALISAN Logistics A.S. (ALISAN). ALISAN is a logistics company located in Türkiye and active in fast moving consumer goods (FMCG), chemicals, automotive industries and agro business. The transaction is subject to formal approvals by the relevant authorities and other customary closing conditions. Upon transaction completion, ALISAN will be grouped under the auspices of PSA’s cargo solutions arm, PSA BDP.

PSA’s Group CEO Tan Chong Meng said, “The PSA Group has been actively collaborating with its stakeholders to offer logistics and supply chain solutions beyond the port. We strongly believe in the long-term growth potential of Türkiye and this investment re-affirms our strategic focus in extending PSA’s network and capabilities to serve cargo owners. Leveraging PSA BDP and ALISAN’s combined and complementary strengths, we will offer our partners and customers comprehensive end-to-end contract logistics and transportation service offerings in Türkiye and beyond, to bring us closer to our mission of enabling smoother, more resilient and sustainable trade.”

With this investment, PSA will benefit from ALISAN’s strong presence in Türkiye with its local expertise in contract logistics and domestic distribution; while ALISAN can leverage PSA’s network of deepsea, rail and inland terminals worldwide, affiliated businesses in distriparks, warehouses, logistics and marine services, as well as global expertise in end-to-end supply chain services.

Source: PSA International