Business, Freight News, Logistics

Keeping it in the family

[ August 8, 2012   //   ]

US-based forwarder BDP International has decided to remain a 100% family-owned business and not to seek private equity investment, following a seven-month review. Owners the Bolte family are not seeking a minority investor, and the company is not for sale and will continue to be managed by the current leadership team. BDP president and CEO Richard Bolte said  “Together with our board, we carefully studied all of the options, and ultimately decided our employees, customers, suppliers and the future of the BDP enterprise itself would  be best served by retaining what we value most: our culture of caring for, growing with and attracting new customers.”