C.H. Robinson Buys Spanish Brokerage Space Cargo
C.H. Robinson will buy The Space Cargo Group for about $48 million, the company said in a news release. The Space Cargo Group is headquartered in Madrid, Spain, and offers customs brokerage and international freight forwarding services, it said. “We…
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continue to look for ways to capitalize on the opportunity to grow globally, in part by acquiring leading local providers that share our commitment of best-in-class service and execution," said Bob Biesterfeld, who will become CEO of C.H. Robinson in May. "This enables us to better support our customers of all sizes and enhance returns as we integrate these companies into our global business.”