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Getlink strengthens service and support by acquiring A.S.A and BIMS for simplified and digitalised management of customs formalities

Jan 31, 20255 months ago

Acquiring Company

Getlink

Acquired Company

Associated Shipping Agencies

ParisCalaisOutreauTransportationTransportationLogistics

Description

Getlink (Paris:GET) has completed the acquisition of Associated Shipping Agencies (A.S.A) and its subsidiary Boulogne International Maritime Services (BIMS). This acquisition further strengthens Getlink’s service and support offer to facilitate the exchange of goods between continental Europe and the United Kingdom. It confirms Getlink's ambition to become the independent reference point for simplified and digitalised management of customs formalities, combined with the best customer experience.

Company Information

Company

Getlink

Location

Paris, Texas, United States

About

Getlink SE (Euronext Paris: GET), through its subsidiary Eurotunnel, is the concession holder until 2086 for the Channel Tunnel infrastructure and operates Truck Shuttles and Passenger Shuttles (cars and coaches) between Folkestone (UK) and Calais (France). Since 31 December 2020 Eurotunnel has been developing the smart border to ensure that the Tunnel remains the fastest, most reliable, easiest and most environmentally friendly way to cross the Channel. Since it opened in 1994, more than 518 million people and 106 million vehicles have travelled through the Channel Tunnel. This unique land link, which carries a quarter of trade between the Continent and the United Kingdom, has become a vital link, reinforced by the ElecLink electricity interconnector installed in the Tunnel, which helps to balance energy needs between France and the United Kingdom. Getlink completes its sustainable mobility services with its rail freight subsidiary Europorte. Committed to "low-carbon" services that control their impact on the environment, Getlink has made the place of people, nature and territories a central concern.

DealWatch™ Score

76
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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