Delmar Acquires AB Global Logistics Consulting

Deal News | Jan 21, 2025 | Globenewswire

Delmar Acquires AB Global Logistics Consulting

Delmar International Inc., a leading Canadian logistics and supply chain solutions company, announced its definitive acquisition of American freight forwarder AB Global Logistics Consulting on January 10, 2025. Established in Los Angeles in 2011, AB Global has additional locations in New Jersey and Milan, Italy. This strategic acquisition will enhance Delmar's service portfolio between North America and Italy, expanding service offerings to the clientele of both companies. Robert Cutler, CEO of Delmar International, acknowledged the acquisition as a significant step for Delmar's growth, valuing the expertise and capabilities brought by AB Global's team. Delmar, founded in 1965, remains a major player in logistics with a presence in over 17 countries and approximately 1,500 employees. Andrea Bigi, CEO of AB Global Logistics, will join Delmar as Director of Transatlantic Trade, aiming to bring greater value to clients in the coming years.

Sectors

  • Logistics and Supply Chain Management

Geography

  • Canada – Delmar International, the acquiring company, is based in Montreal, Canada.
  • United States – AB Global Logistics Consulting, the company being acquired, is based in Los Angeles, California, USA, with additional operations in New Jersey.
  • Italy – AB Global Logistics Consulting has operations in Milan, Italy, enhancing Delmar's service offering between North America and Italy.

Industry

  • Logistics and Supply Chain Management – Both Delmar International and AB Global Logistics Consulting operate within the logistics and supply chain management industry, providing comprehensive shipping and supply chain solution services.

Financials

    Participants

    NameRoleTypeDescription
    Delmar International Inc.Acquiring CompanyCompanyA Canadian leader in logistics and supply chain solutions with operations in over 17 countries.
    AB Global Logistics ConsultingTarget CompanyCompanyA Los Angeles-based freight forwarder offering global shipping solutions, operating since 2011.
    Robert CutlerCEO of Delmar International Inc.PersonChief Executive Officer of Delmar International Inc.
    Andrea BigiCEO of AB Global Logistics ConsultingPersonChief Executive Officer of AB Global and will join Delmar as Director of Transatlantic Trade.