Palm Beach, FL – March 15, 2007 - BG Strategic Advisors announced today that ZLN NA, of Lausanne, Switzerland, a global provider of integrated logistics solutions and a wholly owned subsidiary of ZIM Integrated Shipping Services, has acquired the majority stock of Interlog USA, Inc., a Minneapolis, MN-based, non-asset based provider of global freight forwarding and transportation solutions. The acquisition enhances the capabilities of both parties in providing global supply chain management services. BG Strategic Advisors acted as the exclusive financial advisor to Interlog in the transaction.
The addition of Interlog provides ZLN a footprint into North America, the world’s biggest destination market, and enhances ZLN’s ability to sell logistics solutions in Asia and the CIS. “Bringing Interlog USA, Inc. into the ZLN family of companies strengthens our position as a complete, end-to-end global logistics solutions provider,” said Antony Walford, ZLN NA Managing Director. “We see a growing need from small and mid-size shippers for sophisticated global logistics solutions. Interlog has developed unique solutions to the small and mid-sized market segment, and can help ZLN become the leading provider of global solutions to this market. Interlog is an excellent strategic fit with ZLN’s total supply chain solutions.”
“It has always been my vision to take our freight forwarding and logistics expertise, which made us stand out as a solutions provider to small and mid-size shippers, and grow into a broader global network,” echoed James Taylor, Interlog CEO. “By combining part of the ZLN family, we are instantly there. This opens up exciting new opportunities for us to offer stronger, more complete services up and down the supply chain to existing customers, and makes us more competitive in our proposition to prospective customers as well.”
About ZLN NA
ZLN NA, a wholly owned subsidiary of ZIM Integrated Shipping Services, is a new brand of logistics service provider, recently established and headquartered in Switzerland. ZLN is backed by one of the largest names in the world of shipping and transportation, and is an independent logistics service provider utilizing a wide range of services and carriers to meet its customers’ needs. ZLN focuses on small and mid-sized shippers, and has tailored its organization, its solutions and its cost base to meet the unique needs of this important market segment. For more information, visit www.zln-logistics.com.
About Interlog USA, Inc.
Established in 1995 and based in Minnesota, Interlog offers ocean import and export services, airfreight services, warehousing, truck brokerage, intermodal rail service, customs brokerage, and logistics consulting services. The Company focuses on a well-defined niche market consisting of companies that have high revenue to employee ratio. Interlog is well known within its niche market segment, and is considered an expert in providing global solutions to the small and mid-size shippers. For more information, visit www.interlogusa.com.
About BG Strategic Advisors
BG Strategic Advisors (www.bgstrategicadvisors.com) is a leading global investment banking and strategy consulting firm focused on the supply chain sector. The firm specializes in providing CEOs in the transportation, warehousing and logistics industry with the tools to maximize value. For more information, or to explore an acquisition, merger, sale or other strategic initiative for your company, please contact Managing Director Benjamin Gordon at (561) 932-1601 or Ben@BGstrategicadvisors.com.