On February 28, 2019, Space Cargo Group ("Space Cargo"), a leading provider of international freight forwarding, customs brokerage and other logistics services in Spain and Colombia, was acquired by C.H. Robinson (NASDAQ: CHRW).
Duff & Phelps, through our recent acquisition of Forest Partners in Madrid, Spain, served as the exclusive M&A advisor to Space Cargo Group in connection with the transaction.
About C.H. Robinson
At C.H. Robinson, we believe in accelerating global trade to seamlessly deliver the products and goods that drive the world’s economy. Using the strengths of our knowledgeable people, proven processes and global technology, we help our customers work smarter, not harder. As one of the world’s largest third-party logistics providers (3PL), we provide a broad portfolio of logistics services, fresh produce sourcing and managed services for more than 124,000 customers and 76,000 active contract carriers through our integrated network of offices and more than 15,000 employees. In addition, the company, our Foundation and our employees contribute millions of dollars annually to a variety of organizations. Headquartered in Eden Prairie, Minnesota, C.H. Robinson (CHRW) has been publicly traded on the NASDAQ since 1997.
About Space Cargo Group
Space Cargo Group is a leading provider of international freight forwarding in Spain and Colombia. The company also provides customs brokerage and other logistics services. The company was founded in 1982 and is based in Madrid, Spain.