PSA BDP and ALISAN Logistics A.S. (ALISAN) have celebrated with a formal event to finalise the acquisition of ALISAN by PSA International (PSA).
PSA said earlier this year that it had agreed to buy 75 per cent of ALISAN’s shares, with the firm being placed under PSA BDP, PSA’s cargo solutions subsidiary.
A ceremonial event was held to honour PSA, PSA BDP, and ALISAN stakeholders and consumers, as well as significant government, trade, and industry officials.
During the evening, executives revealed a new ALISAN logo to emphasise ALISAN’s integration as a member of the PSA Group.
Wan Chee Foong, PSA’s Regional CEO Middle East South Asia and Head of Group Business Development, and CEO designate for PSA BDP, said: “Turkey’s importance as a key player in the global logistics market cannot be overstated.
“The PSA Group has a rich history of investments and collaboration in Turkey’s transportation sector, which will only be strengthened by ALISAN’s impressive portfolio of services and customer base along with PSA BDP’s extensive cargo solutions expertise.
“With abundant opportunities for extensive growth, we look forward to capitalising on our complementary strengths to deliver more agile, resilient, and sustainable trade solutions to our customers.”
On 3 July 2023, all governing authorities and agencies formally authorised PSA’s acquisition of ALISAN.
Three months later, PSA BDP signed a Memorandum of Understanding (MoU) with Dow Chemical International Pvt. Ltd. (Dow India) to launch a first-of-its-kind sustainable transportation solution in India.