PSA expands in Türkiye with the acquisition of Alisan Logistics

PSA has entered an agreement to acquire Turkish logistics company Alisan logistics to extend its reach in Türkiye.

Subsidiary PSA-BDP Turkey Supply Chain Solutions Pte will acquire 75% of the shares in family company Alisan Logistics, subject to regulatory approval and closing conditions. Alisan is a logistics company providing services in the Fast Moving Consumer Goods (FMCG), chemical, automotive and agribusiness sectors. The business will be consolidated under PSA BDP, the group’s newly rebranded freight solutions division.

Alisan is headquartered in Istanbul with 1,600 employees and 39 warehouse locations.

PSA said the acquisition will allow it to benefit from Alisan’s local expertise and presence in Türkiye, while allowing Alisan to leverage PSA’s wide network of rail and inland terminals and other services.

Tan Chong Meng, CEO of PSA Group, said: “We strongly believe in Türkiye’s long-term growth potential and this investment reaffirms our strategic focus on expanding PSA’s network and capabilities to serve cargo owners. Leveraging the combined and complementary strengths of PSA BDP and Alisan, we will offer our partners and customers comprehensive end-to-end contract logistics and transportation service offerings in Türkiye and beyond, bringing us closer to our mission of creating a smoother, more resilient and… enable more sustainable trade.”

Banu Damla Alisan, Vice President of the ALISAN Board, said: “Today we are taking our biggest step forward in our 38-year (family) company history. This acquisition is the best fit for both companies and Alisan in particular as it represents the realization of our future growth strategy.

“It is a new chapter that allows us to advance and advance our services and operations at a much greater global scale and strength for our clients. We were a global brand of Türkiye and now with PSA’s experience, knowledge and presence we are taking the next step to become a global player.”

Source: News Network