Alba Wheels Up expands logistics services with acquisition of V.T. Mancusi
Southfield Capital’s portfolio company, Alba Wheels Up, a Valley Stream, NY-based provider of logistics services including customs brokerage, freight forwarding, trade compliance, has announced the acquisition of V.T. Mancusi, Inc., a Lawrence, New York-based company specializing in customs brokerage and trade compliance services.
The acquisition mainly serves the flavors and fragrances and related end markets.
Alba Wheels Up CEO, Damien Stile, commented on the acquisition, expressing his excitement about welcoming V.T. Mancusi into the Alba family. He noted the history of consistent excellence and commitment to customer service that V.T. Mancusi brings, emphasizing how the acquisition will augment their service portfolio, allowing them to provide a broader range of solutions and further strengthening their position as a top-tier provider of global logistics services.
With expertise in foreign trade zone (FTZ) processing, V.T. Mancusi bolsters Alba Wheels Up’s customs brokerage and trade compliance capabilities. The V.T. Mancusi team will be integrated into the Alba team at their headquarters in Valley Stream, New York.
Tom Mancusi, President of V.T. Mancusi, expressed his team’s enthusiasm about joining Alba Wheels Up, a company recognized for its dedication to customer service. He believes that the partnership will generate synergy that benefits both companies and anticipates collectively delivering unmatched service to their customers.