Euroports Finland buys a substantial part of BB Logistics
The owners of BB Logistics have agreed to sell a large share of the company to Euroports Finland. The agreement was signed on 21 December 2022.
BB Logistics operates in five ports in Finland: Kemi, Oulu, Kristiinankaupunki, Kaskinen and Hamina. Its 40 employees will continue to work for BB Logistics, and the company’s name and management team will not change. Euroports Finland is the leading full-service port operator in Finland. It is part of the international Euroports Group, which operates in approximately 50 terminals and logistic platforms globally.
“As part of Euroports Group Strategy supported by our Shareholders (R-Logitech, FPIM, PMV) we are very pleased to be able to further develop our footprint in Finland with the investment into BBL Logistics port operator in five terminals in Finland. This acquisition will complement our position both from a geographic as well as a commodity perspective in the Baltic Sea area with our existing terminals in Rostock, Rauma, Hanko, and Pietarsaari,” said Frédéric Platini, CEO Euroports Group.
“This strategic move strengthens our position in the industry and gives us the possibility to serve our customers with a wider range of services to our existing and new customers everywhere in Finland. We are confident that BB Logistics will create an excellent possibility to strengthen our position as a reliable partner for any cargoes,” highlighted Sari De Meulder, Managing Director of Euroports Finland .
“We are excited about the new partnership with Euroports. We share the same logistic DNA which allows us to support our customers to be successful worldwide. Providing efficient logistics services is at the core of our service package. With this, I feel we can stand even stronger behind our promises,” said Kim Lindström, Managing Director of BB Logistics.