Covering the Hispanic world
A takeover in Spain: Global Critical Logistics (GCL), which provides logistics services for the entertainment business, has acquired Madrid-based forwarder Asesores de Flete (ADF). ADF is a non-asset-based provider of mission-critical logistics services to the live event, entertainment, sports, and broadcast industries.
ADF will be integrated under GCL’s "Rock-it Global" brand, while its management will continue to be led by founder and managing director Carlos Arauz Sanchez. Together with Rock-it Global’s extensive presence in Latin America, the ADF acquisition will improve the group's capabilities to serve customers throughout the Spanish-speaking world.
“Establishing a company-owned presence in Spain not only strengthens our geographic footprint in continental Europe, but also gives us direct access to customers in key end markets within the region,” said Paul J. Martins, GCL's president and CEO. (sh)