Advised on Sale of CompanyTransport & Logistics
Acquired 100% of Business Operations
C.H. Robinson (NASDAQ: CHRW), one of the world’s largest logistics platforms, has acquired Combinex Holding B.V. (“Combinex”), a specialist in customer-oriented transport management. The acquisition further expands C.H. Robinson’s European road transport footprint. Founded in 2006, Combinex is a freight forwarding company specialized in transport services for dry goods and fresh & frozen goods throughout Europe, providing both FTL* and LTL** for dry goods and FTL for fresh & frozen.
The Company is one of the fastest growing forwarders in the Benelux region, specialized in transport services for dry, fresh and frozen goods. (*Full Truck Load, **Less Than Load). C.H. Robinson solves logistics problems for companies across the globe and across industries. With over $21 billion in freight under management and 19 million shipments annually, C.H. Robinson is one of the world’s largest logistics platforms. With the combination of multi-modal transportation management system and expertise, they use their information advantage to deliver smarter solutions for more than 105,000 customers and 73,000 carriers globally. The company consists of 46 offices, and over 1,600 employeesin 15 countriesin the region.
This announcement follows two recent acquisitions of the company in 2019 of Dema Services in Italy, and the freight forwarding group Space Cargo in Spain.
Jeroen Eijsink, President of Europe for C.H. Robinson, said:
‘‘The acquisition is a great opportunity for C.H. Robinson and will strengthen our existing footprint in Europe, particularly our presence in Western Europe. Combinex will also offer us additional short and medium haul capabilities with a dedicated fleet, expanding our reach in the short and medium haul market, within which Western Europe is the largest. I am excited to welcome Combinex and its experienced team to the C.H. Robinson family.’’