Delmar International, a Lachine, Quebec, company whose offerings include freight forwarding and warehousing and distribution, has announced the acquisition of CV Logistics, also in Quebec.
“There is no question acquiring companies like CV Logistics, who have built solid, local goodwill and deep relationships offering highly personalized services, is very desirable to Delmar,” Robert Cutler, CEO of Delmar Group, said in a press release. “We’ve determined that there will be strong synergies between the two organizations and many opportunities to introduce additional value to their clientele. We are extremely pleased with this acquisition.”
The CV Logistics acquisition follows other recent moves by Delmar, including the purchases of Montreal-based Airtrades Freight Forwarders and a majority stake in Cobrac Log in Brazil.
Delmar also offers customs brokerage and supply chain management solutions. It operates 16 companies globally and has about 1,500 employees in 50 cities.