C.H. Robinson (NASDAQ: CHRW) further expands its European road transportation presence with the acquisition of Combinex Holding B.V. (Combinex).
C.H. Robinson’s European road transportation business spans across all the major trade lanes in Europe. Its global freight forwarding division offers global air, ocean, and customs services. Combinex is one of the fastest growing forwarders in the Benelux region, specialized in transport services for dry, fresh and frozen goods.
The acquisition is a great opportunity for C.H. Robinson and will strengthen their existing footprint in (Western) Europe. Combinex will also offer C.H. Robinson additional haul capabilities with a dedicated fleet, expanding the reach in the short-medium haul market.