Hellmann Worldwide Logistics has acquired all shares in perishable logistics specialist HPL Apollo from co-owner Mercury Aviation as part of efforts to expand in the Americas region.
HPL is headquartered in Los Angeles and specialises in the transportation of perishable goods by air, sea and road.
The deal will see Hellmann take the remaining 50% of the company.
The German forwarder said the investment would help expand its footprint in the perishable market and enhance its capability to ”deliver tailored solutions to customers worldwide”.
Ivo Skorin, who has been with HPL Apollo since 2012, will continue to act as managing director to ensure a “smooth transition into Hellmann operations generating significant synergies within the company’s global network”.
Jens Drewes, chief executive of Hellmann, said: “We are committed to expanding internationally, with North America being a key focus in our journey.”
Hellmann said it has offered perishable logistics across the Americas for decades, with a footprint in Peru, Mexico, Brazil, and Chile.
As part of the integration of HPL Apollo, the company will focus on expanding its presence in the US, where it already operates in key locations including Miami, Los Angeles, Honolulu, and San Francisco.
“Building on this strong foundation, Hellmann plans to enter new strategic markets such as Colombia, Ecuador, and Central America in the coming years, reinforcing its dedication to regional growth,” the company added.
