Bj÷rk. Eklund Group buys one-third share in BTG
Swedish liner agency and forwarding company, Bj'rk. Eklund Group, has bought a one-third stake in Baltic Transport Group (BTG) to help expand its operations into the Baltic States, Russia and other parts of the former Soviet Union. No financial details were disclosed.
BTG is a sub-agent in Lithuania for the Bj'rk. Eklund companies representing Evergreen, Hatsu Marine and Italia Marittima. BTG also operates as a forwarder in Lithuania.
“We are planning to expand BTG’s activities both geographically and in its scale of operations, for example by providing forwarding services to many more destinations worldwide,” said Stefan Bj'rk, one of the Bj'rk. Eklund founders.
BTG is now equally owned between Greencargo OY, owned by the Finnish Laitinen family; BTG’s management, headed by Marijus Zilinskas and Marius Tamosaitis; and now Bj'rk.Eklund.
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