The Bremen, Germany-based logistics company Transport Overseas (TO) Group says it has established a U.S. location by acquiring the Cleveland-based Allround Forwarding Midwest Inc. and opening an American headquarters there.
The new office, called Transport Overseas Shipping (Americas) opened on November 1 and will represent its parent company’s core business as an international provider of transport and logistics solutions.
Terms of the acquisition were not disclosed, but TO Group said it will take on Allround’s experienced team and existing operational structures.
With the establishment of its U.S. location, the TO Group says it is creating a strategic hub for North America Services and strengthening its role as an international logistics service provider offering tailor-made solutions for sea and air freight, project and breakbulk logistics, and roll-on/roll-off transport. At the same time, the group acts as a shipping agency for Bahri Line in Northern Europe and Scandinavia.
“Expansion into the US is a key component of our long-term growth strategy,” Christian Weber, managing director of TO Group, said in a release. “With TO Shipping Americas, we are combining local market knowledge and operational strength in the US with the international network of TO Group. For our customers and partners, this means above all continuity, reliability, and additional performance.”
