Carousel Acquires BDA to Seek Aftermarket and Tech Dominance

20th March 2019

Logistics BusinessCarousel Acquires BDA to Seek Aftermarket and Tech Dominance

Carousel Logistics has acquired time-critical logistics company BDA Logistics Innovation (BDA). The deal increases the Carousel group’s European coverage, and sector experience.

Carousel says the deal supports its mission to become the number one choice for high performance industries in the high-value, time critical aftermarket parts services sector. The acquisition is also described as “a major milestone” for Carousel, as it continues to extend its European service and technology platform, Gateway.

The combined group now offers clients a wider service portfolio and through dedicated air-bridges an extended network servicing the Netherlands, Ireland and the UK.

It is Carousel’s third acquisition since 2016 and will increase company revenue by more than 50 per cent, it says. The deal is the largest in its history, part of its buy, build and partner strategy since receiving investment from private equity firm Livingbridge in 2013.

BDA will be integrated and rebranded as Carousel to reflect its position within the wider group of companies. Kevin Turner will remain as Managing Director of the air-bridge division and BDA’s operations, locations and account management teams, will remain unchanged.