PSA International Pte Ltd (“PSA”) has through its fully-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions Pte Ltd, signed an Agreement to acquire 75% of the shares of privately-held ALISAN Logistics A.S. (“ALISAN”). ALISAN is a logistics company located in Türkiye and active in fast moving consumer goods (FMCG), chemicals, automotive industries and agro business. Upon transaction completion, ALISAN will be grouped under the auspices of PSA’s cargo solutions arm, PSA BDP.
PSA’s Group CEO Mr Tan Chong Meng said, “The PSA Group has been actively collaborating with its stakeholders to offer logistics and supply chain solutions beyond the port. We strongly believe in the long-term growth potential of Türkiye and this investment re-affirms our strategic focus in extending PSA’s network and capabilities to serve cargo owners. Leveraging PSA BDP and ALISAN’s combined and complementary strengths, we will offer our partners and customers comprehensive end-to-end contract logistics and transportation service offerings in Türkiye and beyond, to bring us closer to our mission of enabling smoother, more resilient and sustainable trade.”
Banu Damla Alisan, Vice President on the Board of ALISAN, said, “Today we are taking our biggest step forward in our 38 years of (family) company history. This acquisition is a best-fit for both companies and specifically for ALISAN as it means the accomplishment of our future growth strategy. It is a new chapter enabling us to move forward and progress our services and operations on a much wider global scale and strength for our customers. We have been a globally known brand of Türkiye and now we embrace the next step towards becoming a global player with the experience, knowledge and presence of PSA with us. I also want to address my gratitude to all our people who have devoted themselves for the success of ALISAN since 1985, as well as to our customers who have helped and supported us in our progress.”
Headquartered in Istanbul, ALISAN is a family-owned Turkish logistics service provider where the owners play an active role in the day-to-day operations. With more than 1,600 employees and 39 warehousing sites located in the vicinity of chemical producers, ALISAN’s scope of services include (but are not limited to) international and domestic packed distribution, bulk liquid & dry bulk distribution, warehouse operations and value-added services (VAS).
With this investment, PSA will benefit from ALISAN’s strong presence in Türkiye with its local expertise in contract logistics and domestic distribution; while ALISAN can leverage PSA’s network of deepsea, rail and inland terminals worldwide, affiliated businesses in distriparks, warehouses, logistics and marine services, as well as global expertise in end-to-end supply chain services.
PSA and ALISAN also hold similar values in operating in an ethical manner, focusing on customer relationships, embracing technology, and empowering its workforce to excel. The synergies between both companies’ core values, commitment to excellence and broadened capabilities will put ALISAN in good stead for continued growth.
The transaction is subject to formal approvals by the relevant authorities and other customary closing conditions.