MINNEAPOLIS, MN, (September 15, 2009)—C.H. Robinson Worldwide, Inc., ("C.H. Robinson") one of the largest produce sourcing and non-asset based third party logistics companies in the world, today announced it acquired two jointly-owned, produce industry leaders: Rosemont Farms Corporation, Inc. ("Rosemont"), a prominent produce marketing company, and Quality Logistics, LLC, a non-asset based logistics sister company that focuses on produce transportation.
Rosemont offers produce and logistics solutions to retail and food service customers. Rosemont's expertise and well established grower relationships will further augment C.H. Robinson's existing regional grower programs and its focus on providing sustainable solutions that are close to the market, grower based, and supply chain efficient. Quality Logistics primarily focuses on refrigerated and less-than-truckload transportation. Rosemont and Quality Logistics are headquartered in Boca Raton, Florida, and combined have approximately 100 employees. Both companies were established in 1999 by Andrew Schwartz, Frank Segui, and Don Brodie. Schwartz and Segui will continue with the company in similar management roles.
"The Rosemont and Quality Logistics acquisition continues C.H. Robinson's long track record of adapting to the needs of the marketplace by developing new approaches to the produce supply chain," said Jim Lemke, C.H. Robinson senior vice president of sourcing. "We continue to evolve and innovate our grower programs. Both companies' experienced teams will be a driving force as we cultivate stronger and more active grower marketing programs. Their industry knowledge, commitment to service, and relationships are a great complement to the Robinson team."
In 2005, C.H. Robinson acquired FoodSource, Inc., a California based produce sourcing and marketing organization. FoodSource's regional programs and grower relationships have played an integral role in expanding C.H. Robinson's organic regional programs. The Rosemont acquisition, combined with FoodSource, will continue to support C.H. Robinson's supply-based sourcing strategies and ability to provide state of the art solutions to meet consumers' needs.
Schwartz said, "We are proud and excited to combine our produce and supply chain expertise with C.H. Robinson. We have worked with Robinson for many years and look forward to bundling our collective resources and capabilities. Together, we will be able to offer the high quality produce and service that has built both companies to their current levels."
Terms of the acquisition were not disclosed.
ACERCA DE C.H. ROBINSON
C.H. Robinson es líder mundial en cadenas de suministro optimizadas con inteligencia artificial esbelta . Durante más de un siglo, empresas de todo el mundo han confiado en nosotros para reinventar la forma en que se transportan sus mercancías. Ahora, mientras redefinimos el futuro de la industria, ese mismo impulso alimenta nuestro compromiso de Construir las Cadenas de Suministro del Futuro, Hoy™. Con la confianza de 75,000 clientes y 450,000 transportistas, gestionamos la impresionante cifra de 37 millones de cargas al año, lo que representa 23,000 millones de dólares en fletes. Ofrecemos soluciones personalizadas en todo el mundo mediante transporte de carga completa, carga parcial, marítimo y aéreo, entre otros. Con nuestra exclusiva combinación de conocimiento humano e IA Esbelta trabajando en conjunto, las cadenas de suministro se mueven más rápido, de manera más inteligente y más sostenible. Como ciudadano global responsable, contribuimos con orgullo con millones de dólares a las causas que más importan a nuestros empleados. Obtenga más información en chrobinson.com. (Nasdaq: CHRW)
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