Share Logistics Acquires Export-Import Services, Enhancing U.S. Customs Brokerage Capabilities Major Strategic Move to Strengthen U.S. Market Presence
In a significant move aimed at strengthening its foothold in the United States, Share Logistics, a global leader in supply chain services, announced its acquisition of Export-Import Services, a respected customs brokerage firm specializing in the Food & Beverage, Machinery, Automotive, and Chemicals industries.
William Carlin
14 Jun 2024 6:45 PM
Key Acquisition to Boost Supply Chain Offerings
This strategic acquisition is a key part of Share Logistics' growth strategy in the U.S. market. Tristan Bierenbroodspot, Group CEO of Share Logistics, expressed his excitement about the acquisition, stating, "We are very excited about the knowledge, experience, and long-standing reputation that Export-Import Services brings to our group. This strategic acquisition will directly enhance our integrated supply chain offering to customers involved with the United States market."
Enhanced Capabilities and Integration
Share Logistics, known for its innovative and seamlessly integrated supply chain solutions, supports customers in designing, managing, and executing global and local supply chains. As part of Groupe BBL, which employs over 2,100 staff worldwide and operates more than 300,000 square meters of warehouse space, Share Logistics is well-positioned to leverage this acquisition to benefit its extensive customer base.
Synergistic Partnership to Drive Growth
Bierenbroodspot highlighted the synergies between the two companies, noting, "The Export-Import Services team shares the same passion for offering highly personalized services to customers, and will provide us with strong customs brokerage capabilities in the United States as well as additional industry knowledge across four major industries." The entire Export-Import Services team will join Share Logistics, aiming to drive the growth of the combined business.
Joining Forces for Enhanced Services
Patricia Farrell, Owner and CEO of Export-Import Services, echoed these sentiments, stating, "Joining forces with a growing company like Share Logistics represents the right choice at the right time. It allows us to offer better opportunities to our staff and ensures we can provide more enhanced (global) services to our customers."
A Legacy of Excellence in Logistics
Founded in 1938, Export-Import Services has a long history of supporting customers with their U.S. export and import logistics needs. Although primarily focused on customs brokerage, the company also offers end-to-end logistics services, making it a valuable addition to Share Logistics' portfolio.
Shared Vision and Values
Farrell added, "In Share Logistics we have found a partner that shares the same vision, values, and culture. We are both focused on providing a best-in-class service to our customers. I couldn’t wish for a better group to entrust the future of our family business to."
Future Outlook and Strategic Benefits
Moving forward, Export-Import Services will lead all customs brokerage activities for Share Logistics in the United States, while Share Logistics will continue to offer a full range of supply chain services. Bierenbroodspot concluded, "All our acquisitions are highly strategic, and this one is no different. We are bringing together the best of both offerings here, benefiting all customers alike."