Global freight forwarder Scan Global Logistics, SGL, announced signing an agreement with the intent to acquire Blu Logistics Brasil. The acquisition of Blu Logistics Brasil provides SGL with an operational platform in Brazil, enabling it to establish its strategic presence in Brazil. The new footprint will give a strategic platform to scale the business and expand SGLs global presence to the benefit of customers. Most importantly, and a focus area of SGL, Blu Logistics Brasil will bring comprehensive industry knowledge and local know-how and expand the network in Latin America.

Blu Logistics Brasil Transportes Internacionais LTDA is a leading Brazilian freight forwarder headquartered in Sao Paulo, specialising in air and ocean freight services as well as customs clearance, truckload and cabotage. In 2023 Blu Logistics Brasil generated yearly revenue of approximately BRL 570m.

The transaction is subject to anti-trust approval from Brazilian authorities, and closing is expected during Q3.