Horizon Air Freight Acquires Transmarine Navigation Corporation
December 31, 2022
Horizon Air Freight announced the acquisition of Transmarine Navigation Corporation, completed in Q4 2022, to expand its port agency and in-port logistics capabilities across North and South America. The deal combines Horizon’s global warehousing and last-mile delivery network with Transmarine’s port call agency presence at 12 ports, enhancing services for ship owners, operators, and charters.
- Buyers
- Horizon Air Freight
- Targets
- Transmarine Navigation Corporation
- Industry
- Transportation
- Location
- California, United States
- Transaction Type
- Buyout
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