Delmar is extremely excited to announce the acquisition of Cobrac Log in Brazil. Cobrac will strengthen our company’s existing South American presence under the newly branded Delmar International Logistica S.A, headquartered in São Paulo and servicing all of Brazil.
Delmar’s continuous strategy for rigorous expansion is aimed at strengthening our global footprint and product portfolio to accommodate our customers growing need for global end-to-end solution with a heavy focus on e-commerce.
“We are extremely pleased to expand our footprint in the world’s most populous South American country,” stated Robert H Cutler, CEO of the Delmar Group. “Cobrac has a robust track record in the region and our newest Managing Director and Partner, Mr. Wagner Brito, will be a great addition to the Delmar family.”
Mr. Brito, who started the Brazilian company in 1978, will stay on with Delmar International Logistica S.A. as Managing Director. Over the last four decades, Mr. Brito established a reputation for excellence and built a robust client base with a pedigree in 3PL and global supply chain management.
When asked about the merger, Mr. Brito stated: “I was searching for strong new partners and to me Delmar was truly unique – these guys look at everything from every angle and heavily embrace and invest in technology. Delmar cultivates young dynamic talent more quickly than any other logistics company I have ever seen and their global network will undoubtedly facilitate our growth quickly and safely, allowing us to expand many of our commercial agreements throughout South & Central America. I am very excited for myself, my son Vitor and the entire Cobrac team to be joining the Delmar family.”
Paul Cutler, Executive Vice-President of the Delmar Group expanded on the strategic decision: “Just three years ago the Delmar Group opened a new joint venture (JV) in Mexico City and today we are Mexico’s largest freight forwarder in sea exports – with more charters and containers shipped than our largest competitors. Our goal is to have a similar impact in Brazil and to continue our expansion into other Latin American countries using the same successful and strategic model.”
“It is a very interesting time for Delmar,” added Chief Operating Officer Michael Wagen. “We continue to grow geographically and vertically. Most recently in asset-light based verticals and by investing in third party technologies with strategic synergy. Our industry is ever changing – one of our strengths is our ability to identify market disruptors proactively and to engage and embrace them using Delmar creativity and innovation.”
Delmar customers with existing activity in Brazil will not require to take any action or experience any changes. If you have any questions regarding Delmar International Logistica S.A please contact your local Delmar representative.