BB Logistics

Euroports Finland Buys Substantial Part of BB Logistics Oy

Dec. 30, 2022 - Euroports Finland Oy and the owners of BB Logistics Oy have signed an agreement, according to which the owners of BB Logistics will sell a substantial part of the company to Euroports Finland. The agreement brings together two innovative companies that share a commitment to providing the highest quality maritime supply-chain solutions to customers across the globe.

BB Logistics is a fast-growing, reliable logistics service provider operating in five ports in Finland: Kemi, Oulu, Kristiinankaupunki, Kaskinen and Hamina. The company has 40 employees, who will continue to work for BB Logistics. The name of the company and the current management team will remain unchanged.

Euroports Finland is the leading full-service port operator in Finland. The company provides a range of port services, including value-added services, with the highest standards of safety and quality, focusing on the sustainability of its operations. Euroports Finland is part of the international Euroports Group, which operates in approximately 50 terminals and logistic platforms globally and has a workforce of more than 3,000 employees.

“As part of Euroports Group Strategy supported by our Shareholders (RLogitech, FPIM, PMV) we are very pleased to be able to develop further our footprint in Finland with the investment into BB Logistics port operator in five terminals in Finland,” said Frédéric Platini, CEO Euroports Group. “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.”

Kim Lindström, Managing Director of BB Logistics, added, “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.”

SOURCE: Euroports