Scan Global Logistics Expands Latin American Footprint with Acquisition of Blu Logistics Brasil

Published: Monday, September 16, 2024

Scan Global Logistics (SGL) has completed the acquisition of Blu Logistics Brasil, strengthening its presence in Latin America.

The acquisition, approved by Brazilian Competition Authorities, enables SGL to expand its operations in Brazil, a key market in the region, and to tap into the country’s robust economic potential.

Founded in 2013 and headquartered in São Paulo, Blu Logistics employs over 200 people across eight offices and offers air and ocean freight services, including customs clearance and trucking. In recent years, Blu has achieved growth rates of 27% and 47%, contributing to its reputation as a leading freight forwarder in Brazil.

Allan Melgaard, Global CEO of SGL, emphasized the strategic importance of this acquisition: “Growing our presence in Latin America has been a priority for us, and we are excited to add Brazil to our footprint through the acquisition of Blu. Their industry expertise and local insights will help us scale our business and strengthen our offerings to new and existing customers.”

Gabriel Carvalho, CEO of Blu Logistics Brasil, said: “In SGL, we have found a match in our customer-centric and solution-driven approach. We will continue providing personalized services while expanding our market position in Brazil, particularly from Europe and North America.”

The acquisition of Blu Logistics aligns with SGL’s ongoing expansion strategy in Latin America. SGL already operates in Argentina, Colombia, Chile, Peru, and Mexico. Jörn Schmersahl, SGL’s CEO for Latin America, stated, “We are building a strong regional presence, offering enhanced opportunities for our customers with comprehensive transport solutions, particularly given the region’s growing links with Asia, Europe, and North America.”

This move reinforces SGL’s global expansion plans and positions the company as a leading logistics provider in one of the world’s most dynamic markets.