Manitoulin Global Forwarding’s (MGF) latest acquisition has the company expanding its territory into Central America.
The company — a division of the Manitoulin Group of Companies — announced Sept. 18 it’s adding Multimodal, a family-owned Costa Rican company, to its slate of logistics solutions.
In a news release, Manitoulin Global Forwarding called it a “strategic move (that) marks a significant step in MGF's expansion into Central America, broadening its market presence and enhancing its service capabilities.”
“This acquisition represents a pivotal moment for MGF, as we extend our reach into the vibrant Costa Rican market,” said Dwayne Hihn, president of the Manitoulin Non-asset Group, in the release.
“We are thrilled to welcome the Multimodal team into our family and are committed to supporting their continued success. The Zamora family’s deep understanding of the local market and their dedication to customer satisfaction aligns perfectly with our values and vision.”
Manitoulin said Multimodal would continue to be run by its current owners, although it would be rebranded to “align with (MGF’s) broader corporate identity.”
Manitoulin Global Forwarding is a division of the Manitoulin Group of Companies, which is headquartered in Gore Bay on Manitoulin Island.
The company’s origins date to 1953, when Doug Smith launched Smith’s Wholesale, a small grocery wholesaler, on Manitoulin. Today, Manitoulin Group of Companies comprises several companies providing logistics solutions around the globe.
Manitoulin Global Forwarding is one of Canada’s largest international freight forwarding solutions providers, servicing more than 220 countries and territories worldwide.
