Press release: Marinetrans (MT Group) acquires Skytruck Forwarders in Singapore
The Marinetrans Group, a 4PL logistics service provider specialized in marine- and time-critical logistics and a Division of the GTS Group, has added through her 3PL sister Division BGL, Skytruck Forwarders, a marine logistics specialist in Singapore, to the Marinetrans Network.
John Burgstra, COO of Marinetrans and CO-CEO of GTS, commented on the transaction: “Skytruck has been one of our key partners for decades, working closely together with both Marinetrans and Best Global Logistics in Singapore. With their profound expertise in ship spare logistics, they are a valuable addition to our group. We are very excited to welcome Skytruck’s management and employees to our group and look forward to further building on our operation in Singapore. Having a sizable office in Singapore further contributes to our position as experts in time-critical and complex logistics on a global scale and enables us to provide even more effective solutions to our clients”
Because of the long history of cooperation with Skytruck, operations of the two companies were already strongly intertwined. Joining forces was a logical and important step for both companies. Fiona Foong, Managing Director of Skytruck: “Skytruck has been working with Marinetrans for a very long time and over the years, we have grown together. The acquisition of Skytruck comes at the perfect time to face the challenges and opportunities ahead in this next phase of growing our company.”
Most importantly, the acquisition will enable us to provide an even more streamlined and high-quality service to our clients. Skytruck and Marinetrans will also work together to further grow their client base in Singapore and to expand their business into other time-critical niches in the local market. Joining forces with Skytruck in Singapore also fits with our strategy to significantly expand both Marinetrans and Best Global Logistics throughout Asia.
Marinetrans is the world’s largest fourth-party logistics (4PL) service provider, specialized in forwarding and logistics of marine spare parts. The company is headquartered in Singapore and has 9 additional offices around the globe. Through a network of dedicated partners, Marinetrans offers services in 22 warehouses and 2,000 ports worldwide.
Best Global Logistics is an independent third-party logistics (3PL) service provider, offering relatively complex logistics solutions on a global scale. The company operates bonded and free-zone warehouses located in the Netherlands and Norway. BGL has a strong foothold in the maritime industry, while also serving a range of other industries.
Global Transport Solutions is the holding company of Marinetrans and Best Global Logistics, offering specialized 4PL and 3PL international time-critical logistics with geographical presence on all continents, mainly focused on marine spare parts.