OIA Global has purchased majority control of Bellville International, a provider of freight forwarding and logistics services headquartered in London. Bellville International is the holding company for Bellville Rodair International in Europe, the United States, China and Brazil. Financial terms of the transaction were not disclosed.
“This acquisition is very strategic for our company,” said Charlie Hornecker, CEO of OIA Global, part of LDI Ltd., an Indianapolis-based holding company. “We’ve searched extensively for the right partner in Europe, and are delighted with the outcome.”
Hornecker said the acquisition adds 22 company-owned offices, serving 14 additional countries, to the third-party logistics provider’s network, supporting its international growth, “particularly in Europe, where Bellville has a strong presence.”
Just last week, OIA announced the relocation of its global headquarters to a new spot in the waterfront district of Portland, Ore., from another location in the area. In announcing the move, the company pointed to growth in staff partly because of acquisitions.