Kerman & Co advise on the disposal of Bellville International to OIA Global
27 September 2013
Kerman & Co acted for our long term clients, the shareholders of Bellville International (the holding company for Bellville Rodair), a global provider of freight forwarding and logistics services headquartered in London, on the sale of their company to OIA Global, a leading third party logistics provider who delivers to clients a unique combination of global logistics and creative packaging solutions.
Charlie Hornecker, CEO of OIA Global said "This acquisition is very strategic for our company. We've searched extensively for the right partner in Europe, and are delighted with the outcome". He added "This acquisition expands our global network by 22 company-owned offices, serving 14 additional countries, which positions OIA to better serve our growing international client base, particularly in Europe where Bellville has a strong presence".
Terry Walpole, Chairman of the Bellville Rodair Group said “This merger with OIA is an ideal geographical and strategic fit which gives us an even stronger footprint in some of the most important countries on the global supply chain map”. He added "As part of the growing OIA Global family, our clients will also benefit greatly from the acquisition…OIA's well-established global network and suite of transportation, warehousing, distribution and global packaging solutions, combined with our particular expertise in energy, automotive and fashion logistics, is a win/win for both OIA and Bellville clients alike".
Yvonne Costello led the Kerman & Co team advising the shareholders of Bellville International on the disposal.