Simpson Spence Young acquires Bidsted & Co
Simpson Spence Young has acquired Danish dry bulk broker Bidsted & Co. "The world requires more and more these days, and we had to acknowledge that we were unable to match demand on our own," Bidsted's managing director Carsten Munk Jensen tells ShippingWatch.
Danish dry bulk broker Bidsted & Co. has been acquired by UK-based Simpson Spence Young, which describes itself as the world's largest independent shipbroker, the two companies say in a press release Friday.
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