Wednesday, December 18, 2019

Specialist Drinks Freight and Logistics Provider Swallows a Beer Partner

Forwarder Acquires US Transport and Warehouse Company
Shipping News Feature

US – Having just rebranded a company which first took shape 175 years ago in Mainz, Germany, global freight forwarder and drinks logistics specialist transporter Hillebrand has acquired in full, warehouse and transportation beverage only provider, Baltimore based Royal Logistics and Royal Service Transport (Royal).

The acquisition of the Maryland headquartered company is part of Hillebrand’s business plan, which commits to grow both organically and through acquisitions and continue improving customer service. This move facilitates that aim, with storage, cross-docking, distribution, drayage and other value-added services now more accessible in the mid- Atlantic and Northeast regions. Scott Moorad, COO Hillebrand North America observed:

“This acquisition demonstrates Hillebrand’s commitment to invest in the North American network and to reinforce our services for the beer sector. Royal shares a similar culture and core values with Hillebrand; and both companies serve the same industries.”

Since 2003, Royal has been a trusted partner of Hillebrand, providing services to its recently rebranded Keg & Assets division formally known as Satellite Logistics Group, Inc. This acquisition has allowed Hillebrand to expand its warehouse facilities and distribution capabilities. Cees van Gent, CEO and Chairman of the Hillebrand Executive Board, said:

“The acquisition of Royal marks our second in a few months and confirms our strong ambition to grow our business and extend our service portfolio in key markets such as the US. Bringing Royal and its services under the Hillebrand name and into our network strengthens our position and offering as a one-stop logistics partner.”

Sonny and Janet Sponaugle, Co-founder and VP of Operations at Royal respectively, will remain on board, which will support the transition of the business, its customers, employees and vendors. Sonny commented:

“By joining Hillebrand we’ve the means to provide our employees with opportunities to grow in an industry we are all very passionate about serving.”