- This logistics multinational company from Spain has taken control of the third-ranked corporation of Colombian freight forwarder.
- Thanks to this investment, TIBA is now located in 20 countries, 11 of them in Latin America.
- The implementation is within the logic of growth and the development model of the multinational company in Latin America.
Valencia, November 25th 2020. As a continuation of its international development plan and a strong commitment to Latin America, TIBA settles in Colombia. For that purpose, it has taken control of Bemel Group, the third-ranked corporation of Colombian freight forwarders and a local hero for this South American country..
The operation confirms this Spanish logistics multinational company as the best-established freight forwarder and customs agent of the region, which is already present in 11 countries: Mexico, Guatemala, El Salvador, Panama, Cuba, the Dominican Republic, Argentina, Chile, Peru, and also now in Colombia.
With this move, TIBA is not only seeking to develop its own network, but also to promote exchanges with China, the Iberian Peninsula, Mexico and the rest of Latin American countries in which Bemel Group specializes.
Bemel has an extensive knowledge of the market and extraordinary development possibilities. It has an excellent relationship with its strategic local partners too. A family founded it in 1974, and now Bemel has 250 employees, with offices in Bogota, Medellin, Cali, Barranquilla, Cartagena, Buenaventura, as well as in Miami. It is moving 21,000 TEUs in 2020.
Strategic importance of Colombia
Colombia is the fourth most important economy in Latin America and second in the world with highest growth. It is currently developing 17 of the 100 most important infrastructure projects of the region – among them, the port of Cartagena and the Bicentennial Pipeline.
“Colombia is a key country for our vision of leadership in Latin America. The pandemic has delayed the closure of the operation for a few months”, he adds, “but it has not conditioned our interest in Bemel or our commitment to Colombia. Beyond the good business’s figures, we were encouraged by the similarities in culture and values, which made the integration much easier. We count on the full current Bemel management team to continue running the company as before. The Benavides family and the management team have been key in building Bemel and will be decisive in tomorrow’s TIBA in the region”
The integration of Bemel into TIBA’s network, which has taken weeks of preparation, is designed in such a way that he company will continue to operate under the Bemel brand and the transition of customers will be ensured at every step of the way.