Delmar Acquires AB Global Logistics Consulting
Deal News | Jan 21, 2025 | Globenewswire
In a strategic acquisition to enhance its service portfolio, Delmar International Inc., a Canadian leader in logistics and supply chain solutions, has completed the purchase of AB Global Logistics Consulting, a US-based freight forwarder. The acquisition, finalized on January 10, 2025, is expected to bolster Delmar's capabilities and broaden its service offerings between North America and Italy. Delmar, which has a 60-year history in international trade, applauds AB Global's talent and market expertise as a valuable addition to its team. Andrea Bigi, the CEO of AB Global, will join Delmar as the Director of Transatlantic Trade. Delmar, with offices in over 17 countries and 1500 employees, remains strategically asset-light, making this acquisition an important enhancement to its existent operations, especially in the Mediterranean region.
Sectors
- Logistics
- Supply Chain Management
Geography
- Canada – Delmar International Inc., 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 – The acquisition will enhance Delmar's service offerings between North America and Italy, indicating significant relevancy to this region.
Industry
- Logistics – The article primarily focuses on the acquisition within the logistics industry as Delmar International, a leader in logistics and supply chain, acquires AB Global Logistics Consulting, a freight forwarding company.
- Supply Chain Management – Delmar International engages in supply chain management services, and the acquisition of AB Global Logistics Consulting is aimed at enhancing its service offerings and market reach in this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Delmar International Inc. | Acquiring Company | Company | A Canadian-based industry leader in logistics and supply chain solutions with over 60 years of experience. |
| AB Global Logistics Consulting | Acquired Company | Company | A US-based freight forwarder providing air, ground, and ocean freight solutions, founded in 2011. |
| Robert Cutler | CEO | Person | CEO of Delmar International Inc. |
| Andrea Bigi | CEO/Director of Transatlantic Trade | Person | CEO of AB Global Logistics Consulting who will join Delmar as Director of Transatlantic Trade. |