C.H. Robinson said it has acquired certain operating subsidiaries of the Calgary, Canada-based project freight forwarder Transera International Holdings Ltd.
Robinson said Transera is one of the largest privately owned project forwarders in North America, with annual revenue of about $125 million. Terms of the deal were not disclosed.
Transera, established in 1985, is a non-asset-based global project forwarder providing North American and international transportation of overdimensional and heavy lift shipments. It has 107 employees at eight offices in Canada, Dubai, Singapore and the United States. Its customers are primarily in the oil, gas, mining and wind power industries.
The acquisition expands our international freight forwarding network and brings a greater depth to C.H. Robinson's existing core capabilities, said Jeff Scovill, C.H. Robinson vice president of international.
Rosemary Marr, founder and chief executive officer of Transera, will continue with C.H. Robinson as president. Paul Pols and Amir Haji, currently on Transera's senior leadership team, will also continue with Transera in similar leadership roles.
Source: American Shipper