Cudahy-based Roadrunner Transportation Systems Inc. announced today that it has acquired all of the outstanding membership interests of Springfield, Mo.-based logistics firm Marisol International LLC for a total purchase price of $66 million, plus an earn-out capped at $2.5 million.
Marisol’s service offering includes international ocean and air transportation management, customs house brokerage capabilities, and domestic logistics solutions for a diversified customer base ranging from Fortune 500 companies to small and mid-market enterprises.
“As we have indicated, one of our key strategic objectives in 2013 is broadening our international capabilities to meet our customers’ total transportation and logistics needs,” said Mark DiBlasi, president and CEO of Roadrunner. “Many of our existing 35,000 customers import and export raw materials, purchased components, and finished products. Marisol represents an ideal fit both strategically and culturally. The addition of Marisol will enable us to provide a comprehensive, global supply chain solution to our combined customer base. Our collective offering of international logistics and domestic services ranging from less-than-truckload, truckload, intermodal solutions, to freight consolidation and warehousing as the actual service provider, is unmatched. We will be able to handle full- and less-than container load shipments from origin to destination on a global basis for both refrigerated and dry freight.”