Grupo Ransa, a Latin American third-party logistics company owned by HIG Capital, has merged with Transportes Centroamericanos del Futuro (TCF).

Ransa operates in eight countries and 35 cities. TCF is a provider of land freight transportation, storage and container repair services to major shipping lines across Central America, Colombia and Mexico. It serves over 13 ports in the region.

Ransa said it has completed the merger with TCF to create a “leading end-to-end logistics platform in Latin America, covering the entire logistics chain from the port to the warehouse and the end customer”.

The combined group will have over 9,200 employees in 10 countries in Latin America, operating from over 72 regional branches and serving 19 ports, operating 4m sqm of storage space and a fleet of over 3,000 vehicles.

Fabio Saad, managing director of HIG Latin America and head of the Andean region for HIG, said: “This transaction is a crucial step in Ransa’s growth and consolidation strategy which began with HIG’s investment in 2021 to establish the company as the leading logistics platform in Latin America.

“The complementary businesses of Ransa and TCF will create synergies that strengthen the leadership positions of both companies in the region.”

Bernardo Dyner of TCF said the merger was a “testament to the expertise, commitment, and customer-centric approach of our teams; qualities that enhance our businesses and further improve our value proposition as a company”.

Paolo Sacchi, CEO of Ransa, said: “This strategic merger will allow us to expand our integrated logistics services to our clients by leveraging the 25-year experience of TCF’s team in serving shipping lines, transporting containers, and handling specialised cargo.”

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