AGRO Merchants Group, Alpharetta, Ga., added Atlanta-based Nordic Logistics and Warehousing, LLC to its portfolio. This acquisition further expands AGRO Merchants’ North American footprint and value-added service offerings and adds Savannah, Ga., as another key U.S. port of entry/exit for its global customers. The deal will add a total of 12 facilities, 70 million cubic feet of refrigerated and frozen space and 218,000 pallet positions to the AGRO network.
“Nordic is a highly-regarded leading provider of value-added temperature-controlled distribution services in the Southeast U.S. They are a company with whom we share a similar strategic vision of planned growth, customer focus, innovative services and dedicated solutions,” says Chris Hughes, president of AGRO Merchants North America. “Nordic’s customers will greatly benefit from AGRO’s global footprint. This investment is highly strategic for us, as it adds the Port of Savannah to our existing U.S. port trade network of Philadelphia, Oakland, Charleston and our planned investments in the Gulf Coast and Southern California. Further, it will allow AGRO to leverage Nordic’s existing investments in common back office systems and technology solutions for the benefit of our wider North American operations. We look forward to integrating Nordic’s customers, employees and partners into our network.”
“We are excited to join the AGRO Merchants family,” adds Don Schoenl, president and CEO of Nordic. “They understand how important customer relationships are to the business and the time and effort needed to sustain them. AGRO’s global strategy will allow us to expand services and capacity to our customers. Through this partnership, we will continue to offer extensive regional coverage, and continue to aggressively invest in new capabilities and technology.”
“We welcome Don and the Nordic team to AGRO,” says Neal Rider, chief executive officer of AGRO Merchants. “Don will further bolster our executive team and will oversee the newly combined North America operations. This will enable us to have Chris focus on the development of our global customer relationships and solutions, which is at the core of our strategy.”
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