This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

C.H. Robinson Agrees To Acquire Apreo Logistics S.A.

C.H. Robinson Worldwide, Inc., one of the world’s largest logistics companies, announced today that it has agreed to acquire Apreo Logistics S.A. (“Apreo”), a leading freight forwarder based in Warsaw, Poland.

Founded in June of 2007, Apreo provides truckload services including dry van and temperature controlled and liquid and dry bulk capabilities. To complement their truckload offering, the company also offers additional warehouse, air and ocean services.

Apreo has shown significant growth over the past several years, with current gross revenues over $100 million while servicing more than 2,000 customers. The company has over 300 employees in 21 offices in Poland and one office in Germany.

“This acquisition expands C.H. Robinson's presence in Europe and supports our goals to strengthen our capabilities in our core business and further diversify our modal offering, both of which benefit our European and global customer base,” said Bryan Foe, president of C.H. Robinson Europe.

The decision to acquire Apreo is the latest in a series of moves for C.H. Robinson in Europe. Previously, the company named Bryan Foe president of C.H. Robinson Europe and opened an office in Rotterdam, the Netherlands, which focuses on temperature controlled transportation.

“We are taking a long-term approach towards Europe and feel now is a good opportunity to increase our commitment to the region,” said John Wiehoff, CEO and chairman of C.H. Robinson. “The agreement to acquire Apreo supports our strategy of making continued investments in our business within the continent.”

The acquisition of Apreo adds to C.H. Robinson’s employee and management base in a key European market. Current CEO of Apreo, Arkadiusz Glinka, will continue in a similar role going forward.

“We are excited to be able to add our expertise, knowledge and services while becoming part of the talented C.H. Robinson team and their global network,” said Glinka. “Together, our customers and contract carriers will benefit from the additional opportunities this collaboration presents.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,824.75 +12.56 0.07%
S&P 500 2,089.52 +0.38 0.02%
NASDAQ 5,111.4120 +8.6040 0.17%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs