PSA BDP acquired a majority stake in ED Forwarding, a Mexico-based logistics solutions provider, to strengthen PSA’s foothold in Mexico and deliver an expanded suite of supply chain solutions, particularly cross-border logistics and customhouse brokerage activities.
"Our investment in ED Forwarding represents a natural evolution of our longstanding partnership and an exciting opportunity for growth; I could not be more pleased to firm up this agreement," says Hector Gonzalez, deputy CEO, PSA BDP. “The synergies between our companies create tremendous opportunities for innovation, growth, and enhanced customer experience."
"Having worked closely with PSA BDP for many years, we are excited to formalize this partnership and accelerate our shared vision for the future. Together, we are well-positioned to better serve our customers in a key market," adds Jorge Pedroza Paez, managing director, ED Forwarding.
Key takeaways:
· Headquartered in Mexico City, ED Forwarding serves a variety of customers across multiple industry verticals.
· Customers will benefit from PSA’s global network of deepsea, rail and inland terminals, expertise in innovative end-to-end supply chain management solutions, and affiliated businesses in marine and digital services.
