Bansard International continues its evolution and joins the American group SEKO Logistics, combining the geographical coverage and the complementary service offers of both companies.
This integration will provide opportunities for customers and employees of both companies and commits SEKO Logistics to the latest phase of its global expansion strategy with the support of its investor, Ridgemont Equity Partners. It represents "a clear confirmation of the company's growth ambition", said James Gagne, Chairman and CEO of SEKO.
The complementary services of SEKO Logistics and Bansard International will bring immediate benefits to their respective customers. Through this new alliance with SEKO, Bansard will strengthen its presence and service offering in the U.S. market and provide new solutions for high-growth cross-border and e-commerce markets. SEKO will benefit from Bansard's proven professional business operations in France and its international coverage, its high volumes of air and ocean freight between Asia and Europe, as well as its innovative programs for reducing the carbon footprint in Logistics.
“This merger is a unique strategic opportunity that allow Bansard International to become a global player by covering new geographies, including the United States, and by offering our customers innovative international transport solutions, especially for e-commerce. It is good news for our customers, for our employees and for our suppliers, thanks to the growth prospects through diversification of services, better international coverage and higher potential for technological development,” said Simon Pinto, President of the Bansard International Group.
“SEKO Logistics is primed for the next stage of our global growth but, in terms of acquisitions, we select our preferred partners with great care and due diligence. Bansard International is a perfect fit with our own business model as a mid-sized, independent, growth and technology-driven, client-obsessed organization. We are excited to work with Simon and his fantastic team to drive benefits for the clients of both companies,” James Gagne said.
He added: “There are so many positive aspects of our new collaboration. France is such an important logistics market, even more so since Brexit. Working with Bansard, we are making a long-term commitment to clients in France and those across the globe trading with France. In Europe, this new investment adds to SEKO’s strong presence in the United Kingdom, Ireland, the Netherlands and Denmark and puts us on a rapid upward trajectory. We are continuing to explore further investments to strengthen our global network and service portfolio.”