Hellmann Worldwide Logistics has acquired all shares in HPL Apollo, the fresh food logistics joint venture previously operated in partnership with Mercury Aviation. With this acquisition, the German logistics service provider is expanding its global presence in the complex perishable goods market.
HPL Apollo, headquartered in Los Angeles, specializes in the transportation of perishable goods by air, sea, and land. To ensure a smooth transition, Ivo Skorin will remain as managing director, Hellmann Worldwide Logistics stated.
The acquisition of the 50 per cent stake previously held by Mercury Aviation follows twelve years of successful cooperation between the two companies. With a strong presence in established markets such as Peru, Mexico, Brazil, and Chile, Hellmann has been active in the perishable logistics sector for decades.
Strengthening market presence in the Americas
Hellmann plans to leverage its strong existing presence in Latin America to further expand its market position in the United States. Additionally, the company aims to develop new markets, including Colombia, Ecuador, and Central America, in the future.
Jens Drewes, CEO of Hellmann, emphasized that acquiring the joint venture is of great strategic importance for the company’s sustainable global growth, particularly in North America.
Peter Hüwel, Regional CEO Americas at Hellmann Worldwide Logistics, sees the integration of HPL Apollo as a significant opportunity to strengthen the global network and provide customers with enhanced logistics solutions.