Third party logistics services provider OIA Global has acquired majority control of Bellville International Ltd., a freight forwarder based in London.
Bellville International is the holding company for Bellville Rodair International in Europe, the United States, China and Brazil. Financial terms of the deal were not disclosed.
"This acquisition is very strategic for our company. We've searched extensively for the right partner in Europe, and are delighted with the outcome," said Charlie Hornecker, chief executive officer of OIA Global, in a statement.
"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," he added.
Bellville's senior management will become part of OIA's executive team. OIA Global is based in Portland, Ore.