Lubbers Global Freight acquires Cargo Masters
Lubbers Global Freight Holding has acquired the Dutch forwarding company Cargo Masters, which will see the company gain a new head office nearby Schiphol Airport and serve as the main air cargo hub offering cross-dock and control tower services.
The acquisition will boost the expansion of Lubbers Global Freight, which was founded as an energy-focused forwarder within Lubbers Logistics Group only a few years ago.
As a part of the Lubbers Logistics Group, the company already had access to an extensive European road transport network with a large owned fleet of trucks. With the takeover, the company now also further strengthens its air freight services and expands its business portfolio with customers in the Aerospace, Automotive, Chemicals and Fashion/Luxury sectors.
Cargo Master’s low-emission logistics centre nearby Schiphol Airport will become the new head office of Lubbers Global Freight and serve as the main air cargo hub offering cross-dock and control tower services.
“The acquisition of Cargo Masters is an important step in the execution of our Group’s diversification strategy and will enable us to offer a more enhanced freight forwarding proposition to a larger group of customers in different sectors”, says CEO Ger Engelsman of Lubbers Logistics Group.
Robbert Ringersma, the managing director and majority shareholder of Cargo Masters, said the takeover opens possibilities to excel as a global player for various niche markets. “We strongly believe merging strengths of both Lubbers Global Freight and Cargo Masters represent the perfect fit and creates a company that is ready for the future”, he says.
The management teams from both companies will stay fully on board after the integration of the two companies but effective January 1, 2021, Ringersma will be appointed as the new managing director of Lubbers Global Freight.