Delmar Acquires Cobrac Brazil in Latin America

MONTREAL, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Delmar International Inc. (www.delmar.ca), a Canadian owned global logistics leader, announces the purchase of a majority stake in Cobrac Brazil.

This acquisition strengthens the company's South American presence under the newly branded Delmar International Logistica S.A, headquartered in São Paulo and servicing all of Brazil.

Delmar’s continuous strategy for rigorous expansion is aimed at strengthening the company’s global footprint and product portfolio to accommodate its customers' growing need for global end-to-end solution with a heavy focus on e-commerce.

Mr. Brito, who started the Brazilian company in 1978, will stay on with Delmar International Logistica S.A. as Managing Director.  Over the last four decades, Mr. Brito established a reputation for excellence and built a robust client base with a pedigree in 3PL and global supply chain management.

When asked about the merger, Mr. Brito stated:

Paul Cutler, Executive Vice-President of the Delmar Group expanded on the strategic decision:

-30-

Established in 1965 in Montreal, Quebec, Canada, Delmar International Inc. (www.delmarcargo.com) has evolved into a global player and industry leader, offering customs brokerage, freight forwarding warehousing, distribution, and supply chain management solutions to thousands of clients worldwide. Delmar has strategically positioned facilities at almost every major gateway in North America and its diverse client base features some of the most well-known brands and companies in business today. Diversification of its service offerings and vigorous expansion, including many acquisitions, has led to significant growth for the Delmar Group in recent years.  Today, they operate 16 companies globally and employ roughly 1,500 people in 50 cities. Delmar International Inc.'s corporate headquarters are located in Lachine, Quebec, Canada.

Contact:

Oliver Cutler
Delmar International Inc.
514-636-8800
[email protected]