Scan Global Logistics (SGL) has acquired Blu Logistics Brasil following approval from Brazilian competition authorities. Blu, established in 2013, has become a leading freight forwarder in Brazil, achieving significant growth rates and generating BRL 570 million ($103 million) in 2023. This acquisition enhances SGL’s presence in Latin America, aligning with their strategy to expand operations in the region. Both companies emphasize a customer-centric approach, aiming to boost market position and trade lanes, particularly with Europe and North America.

Source: https://www.stattimes.com/logistics/scan-global-completes-acquisition-of-blu-logistics-brasil-1353093