Scan Global Logistics (SGL), a global leader in logistics solutions, has announced its acquisition of Freight & Logistics Solutions (FLS), a prominent Portuguese logistics company. This strategic move is set to further strengthen SGL’s presence in the European market and enhance its service offerings to clients worldwide. The acquisition is expected to bring about numerous benefits for both companies, including expanded capabilities, shared expertise, and increased operational efficiency.
Scan Global Logistics (SGL) is a renowned logistics provider with a strong global footprint. With offices in more than 30 countries and a comprehensive range of services, SGL offers tailored logistics solutions that cater to diverse industries, including automotive, retail, pharmaceuticals, and more. Since its establishment in 1975, SGL has been committed to providing innovative and reliable logistics services to its clients.
Freight & Logistics Solutions (FLS) is a well-established logistics company based in Portugal. With a solid reputation for delivering high-quality logistics solutions, FLS has become a trusted partner for numerous businesses across various industries. Offering a wide range of services such as freight forwarding, warehousing, customs clearance, and distribution, FLS has demonstrated excellence in meeting the evolving needs of its clients.
The acquisition of FLS by SGL marks a significant milestone for both companies. By joining forces, SGL aims to reinforce its presence in the European market and expand its service capabilities. FLS, on the other hand, will benefit from the extensive global network and resources of SGL, enabling it to offer enhanced logistics solutions to its clients.
With this acquisition, SGL will gain access to FLS’s strong customer base in Portugal, strengthening its market position in the region. Additionally, SGL will leverage FLS’s local expertise and knowledge to provide seamless logistics services to clients operating in Portugal and neighboring countries.
The acquisition of FLS by SGL will bring about several advantages for both companies:
Expanded Service Offerings: The combined resources and expertise of SGL and FLS will result in an expanded array of logistics services. Clients can now benefit from a comprehensive range of solutions, including freight forwarding, customs clearance, warehousing, distribution, and more.
Increased Operational Efficiency: By integrating operations and leveraging synergies, SGL and FLS will enhance their operational efficiency. This will lead to improved service delivery, reduced costs, and streamlined processes, ultimately benefiting clients.
Access to Global Network: FLS will gain access to SGL’s extensive global network, enabling it to provide logistics solutions in new markets. This will open new growth opportunities for FLS and allow it to serve its clients’ expanding needs.
Shared Expertise: The acquisition will facilitate the exchange of knowledge and best practices between SGL and FLS. This collaboration will enhance the overall service quality and contribute to the continuous improvement of logistics solutions offered by both companies.
The acquisition of Freight & Logistics Solutions (FLS) by Scan Global Logistics (SGL) is a strategic move that will strengthen SGL’s position in the European market and expand its global capabilities. By combining resources, expertise, and networks, SGL and FLS are poised to offer enhanced logistics solutions to clients worldwide. This acquisition represents a significant step in SGL’s growth strategy and reinforces its commitment to providing innovative and reliable logistics services.