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PE-backed Base Logistics buys Healthlink Europe & International

Base Logistics Group, which is backed by Waterland Private Equity Investments, has acquired Heathlink Europe & International, a logistics outsourcing partner for life science manufacturing companies. No financial terms were disclosed.


RALEIGH, N.C., Sept. 22, 2017 /PRNewswire/ — Base Logistics Group, supported by Waterland Private Equity Investments, has announced the acquisition of HealthLink Europe & International. With offices in ‘s-Hertogenbosch (Netherlands), Raleigh (USA) and Memphis (USA), HealthLink is a logistics outsourcing partner for life science manufacturing companies. From its offices in The Netherlands and the United States, HealthLink offers support in the field of logistics, order-to-cash and customer service. The activities and strategy of the service provider from ‘s-Hertogenbosch fit well with those of Base Logistics, which strengthens its position in The Netherlands with the acquisition and realizes a strong position in the United States. Both organizations will continue to operate under their own names.

Base Logistics’ CEO Robin Voet about the acquisition: “HealthLink has been a partner for a long time, and the collaboration has grown ever since. HealthLink makes extensive use of our Transport and Warehouse Management System Klairy, which has become the basis of HealthLink’s strong service to its customers. HealthLink is a healthy and ambitious organization, so it fits well within the culture and future plans of Base Logistics.”

The acquisition offers Base Logistics the opportunity to strengthen its position in the North American market. Voet explains: “In the field of Service Parts Logistics, we are already an important player in Europe, and we have built up a healthy customer base in America. Thanks to the acquisition of HealthLink, we are able to further develop our own SPL activities from HealthLink’s Memphis office.”

HealthLink’s COO Joost van den Heuvel, who will continue as MD HealthLink Europe, further clarifies: “The synergy between our companies is high. That is also the reason we have been able to expand our cooperation in recent years. The acquisition is actually a logical consequence of this cooperation.”

“It offers both HealthLink and Base Logistics the opportunity to further improve and expand services for our customers on a global level,” says Rick Hughes, President of HealthLink and continuing as MD HealthLink North America.

Waterland Private Equity Investments added Base Logistics to its investment portfolio at the end of last year, to develop Base Logistics into an internationally leading logistics organization through organic growth and selective acquisitions. The acquisition of HealthLink is the first step in the execution of its buy-and-build strategy. Active in sectors that experience the influence of fundamental trends like Outsourcing, Leisure & Luxury, Aging and Sustainability, Waterland has recently raised its seventh investment fund with a total size of $ 2.4 billion.

Notes for editors
Base Logistics was founded in 1994 and, thanks to its own logistics application Klairy, soon became an innovative service provider with a strong position in Transport Management, Warehouse Management and Data Management. Enabling further growth, Base Logistics moved to a new headquarters in logistics hotspot Moerdijk (Netherlands) at the beginning of this year, with a 161,000 ft2 warehouse. Base Logistics Group, including its daughters Base Logistics and HealthLink, has 180 employees and an annual turnover of $ 60 million.

Also founded in 1994, HealthLink is a ‘Total Solutions Provider’ for companies active in the medical device, diagnostic, human tissue and pharma industry. Originally established in ‘s-Hertogenbosch (Netherlands), the company opened its first office in the United States in 2004. HealthLink specializes in customized logistics, temperature controlled storage, fulfillment and transport management. In addition, it provides back-office services, such as multilingual customer service, order-to-cash services and VAT management.