Logistics group looks to expand its global footprint in the perishable market and enhance its capacity to deliver tailored solutions to customers
Hellmann Worldwide Logistics has announced the acquisition of all shares in HPL Apollo, its perishable logistics joint venture previously co-owned with Mercury Aviation.
According to the group, the strategic integration underscores its commitment to expanding its global footprint in the perishable market and enhancing its capacity to deliver tailored solutions to customers worldwide.
Headquartered in Los Angeles, HPL Apollo specialises in the transportation of perishable goods by air, sea, and road.
The takeover of the remaining 50 per cent of shares held by Mercury Aviation follows 12 years of collaboration between the two entities.
Ivo Skorin, who has been with HPL Apollo since 2012, will continue to act as managing director of HPL Apollo, ”ensuring a smooth transition into Hellmann operations generating significant synergies within the company’s global network”.
As part of the integration of HPL Apollo, the company will now be focusing on expanding its presence in the US, it noted, where it already operates in key locations including Miami, Los Angeles, Honolulu, and San Francisco.
Hellmann said that it planned to enter new strategic markets such as Colombia, Ecuador, and Central America in the coming years.
“We are committed to expanding internationally, with North America being a key focus in our journey,” said Jens Drewes, CEO of Hellmann Worldwide Logistics.
Peter Huwel, regional CEO Americas at Hellmann Worldwide Logistics, explained that by acquiring HPL Apollo, the company was leveraging collaborative opportunities within its global network, delivering even better solutions to our customers.
”At the same time, we are pleased that Ivo will continue managing the business, ensuring continuity and strengthening our unified team,” he added.
