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Maersk acquires US-based customs brokerage firm

Maersk acquires US-based customs brokerage firm

Maersk has announced the acquisition of a customs brokerage and logistics US firm Vandegrift Inc. to strengthen and broaden the group’s service offering to customers.

Established in 1951, Vandegrift is based in New Jersey with 170 staff across 12 offices, specialising in trade compliance, as well as customs brokerage, retail and law.

“Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design and build individualised customs brokerage and compliance programs that identify risk and provide solutions,” said Narin Phol, regional managing director of Maersk North America.

“This customer advocate role, coupled with our supply chain assets and global scale creates winning end-to-end solutions for companies intent on competing better in 2019,” Phol continued.

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Jeff Hammond, global head of customs brokerage for Maersk, commented: “Adding Vandegrift’s depth to our value proposition creates a game changer for our North America customers. We’re excited to show customers the difference our stronger company can make in their supply chains in 2019 based on the people and system expertise we now offer.”

Financial terms and details of the deal were not disclosed.

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