Fortaleza Capital acted as corporate finance adviser to DPD Netherlands on the acquisition of BK Pharma Logistics and BK Sneltransport
About BK Pharma Logistics and BK Sneltransport: BK Pharma Logistics and BK Sneltransport are two logistics experts specialised in temperature-controlled transport of pharmaceuticals and food for major national and international firms in the pharma, healthcare and food industries. The COVID-19 pandemic has caused a rush in demand for the parcel delivery industry and especially in healthcare and food markets has produced an unprecedented rise in demand for deliveries of pharmaceuticals, healthcare products and food products.
From a state-of-the-art warehouse in Boxmeer (the Netherlands), BK Pharma Logistics and BK Sneltransport organise the transport of pharmaceutical and healthcare products in a safe, temperature-controlled way from a validated environment.Precisely because of this specific knowledge, DPD approached BK Pharma Logistics and BK Sneltransport for a collaboration.
Due to the expansion of service offering and the growth opportunities in the market, this acquisition offers the 130 employees of BK Pharma Logistics and BK Sneltransport more opportunities for individual growth and development. Nothing will change for the customers of all parties. They remain customers of the organisation where they purchase their services. BK Pharma Logistics, BK Sneltransport and DPD will continue to co-exist and the organisations will continue to be managed independently.
Paul Bouwmeester, Managing Director of BK Pharma Logistics and BK Sneltransport states: “This cooperation with DPD will be of huge benefit to us. By working with DPD Netherlands we will have the opportunity to grow faster, and it also gives us access to a network of larger, international customers, bringing benefits to both our customers and employees.”
About DPD: DPDgroup is the largest parcel delivery network in Europe. The company combines innovative technology and local knowledge to provide a flexible and user-friendly service for both shippers and shoppers.
With 97,000 delivery experts and a network of more than 58,000 Pickup points, DPDgroup delivers 7.5 million parcels each day – 1.9 billion parcels per year – through the brands DPD, Chronopost, SEUR and BRT. DPDgroup is the parcel delivery network of GeoPost, which posted sales of €11 billion in 2020. GeoPost is a holding company owned by Le Groupe La Poste.
By pooling expertise, DPD Netherlands aims to expand its core activities by 2025. These strategic acquisitions will also allow DPD Netherlands to enter a market requiring in-depth knowledge, extensive experience and specific conditions.
Eric Dietz, CEO of DPD Netherlands commented: “We are delighted to be working with BK Pharma Logistics and BK Sneltransport. We can learn much from each other, enter new markets together and thus grow our activities in temperature-controlled transport for the pharmaceutical, healthcare and food sectors. This holds with our ambitions and the growth markets that we, at DPD, have identified as having huge potential.”
The press release can be found here (English) and here (Dutch).