MONTREAL, Oct. 11, 2018 — CV Logistics is a Canadian company, established in 1991 by Claude and Sandra Vincent. In recent years the founder’s son, Derek Vincent, has assumed the leading role and has driven the organizations’ growth, expanding it from a primarily Canada – U.S focused ground transportation service provider to servicing Mexico in addition to a wide range of shipping verticals. “The opportunity of offering our existing customers global transportation solutions, including air, ocean, customs compliance and distribution is very desirable and has always been an ambition of ours,” says Derek Vincent.”
“There is no question acquiring companies like CV Logistics, who have built solid local goodwill and deep relationships offering highly personalized services is very desirable to Delmar. We’ve determined that there will be strong synergies between the two organizations and many opportunities to introduce additional value to their clientele. We are extremely pleased with this acquisition,” said Robert H Cutler, President, and CEO of the Delmar Group.
Delmar Chief Operating Officer Michael Wagen noted that “Claude Vincent has a wealth of industry experience which will serve as a real benefit, Claude will join Delmar and act in an advisory capacity for the foreseeable future.” Mr. Wagen also added: “The young, talented and well-educated individuals from the CV management team will add substantive value to our organization and will help at servicing our solutions product team and in managing future projects incorporating new initiatives aimed at servicing a large new base of E-commerce clients.”
While most existing CV staff will remain at their current facilities, the CV executive management team will relocate to Delmar’s headquarters in Lachine Quebec.
The acquisition of CV logistics follows up on Delmar’s recent purchase of Montreal-based Airtrades Freight Forwarders and a majority stake in Cobrac Log in Brazil.
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About Delmar International Inc.
Established in 1965 in Montreal, Quebec, Canada, Delmar International Inc. (www.delmarcargo.com) has evolved into a global industry leader, offering customs brokerage, freight forwarding, warehousing, distribution, and supply chain management solutions to thousands of clients worldwide. Delmar has strategically positioned facilities at almost every major gateway in North America, and its diverse client base features some of the most well-known brands and companies in business today. Diversification of its service offerings and vigorous expansion, including many acquisitions, has led to significant growth for the Delmar Group in recent years. Today, they operate 16 companies globally and employ roughly 1,500 people in 50 cities. Delmar International Inc.’s corporate headquarters are located in Lachine, Quebec, Canada. Contact:
Mathieu Darche, VP Sales & Marketing, Delmar International Inc. (Canada) 514-636-8800 [email protected]