Marinetrans, a part of GTS Group and a logistics service provider specialising in supply chain solutions for ship owners and ship management companies, has acquired Door To Deck (D2D), a marine logistics specialist in Cyprus and Greece.
Marinetrans has already opened an office in Athens, the capital city of Greece, and expects to gain a substantially larger presence in the country with this acquisition.
Moreover, the co-founders of D2D, Kyriakos Tsitouridis and Michalis Theodosiou, will be driving further business development of D2D, Marinetrans and GTS in the entire Mediterranean area and will become shareholders of GTS Group.
John Burgstra, co-CEO of GTS, commented on the transaction, “With this partnership, Marinetrans will significantly expand its foothold in the Greek and Mediterranean market, which will enable us to provide our Greek clients with more scale and service close to their home.”