Ransa merges with TCF to expand logistics capabilities in Latin America

Global alternative investment firm H.I.G. Capital announced that its portfolio company, Grupo Ransa, has completed a merger with Transportes Centroamericanos del Futuro (TCF).

Ransa, a leading third-party logistics player in Latin America, operates in eight countries across 35 cities. Transportes Centroamericanos del Futuro, on the other hand, is a premier provider of land freight transportation, storage, and container repair services, serving major shipping lines in Central America, Colombia, and Mexico. It operates across 13 ports and manages over 180,000 cargo movements annually between ports, distribution centers, and warehouses.

The merger between Ransa and Transportes Centroamericanos del Futuro gives birth to a dominant end-to-end logistics platform in Latin America, covering the entire logistics chain, from port to warehouse to the end customer. This amalgamation is set to enhance the value proposition for clients across all markets, backed by the combined expertise and complementary services of both Ransa and Transportes Centroamericanos del Futuro, leading to superior service delivery.

Paolo Sacchi — Ransa CEO said: “This strategic merger will allow us to expand our integrated logistics services to our clients by leveraging the 25-year experience of TCF’s team in serving shipping lines, transporting containers, and handling specialized cargo. The union between Ransa and TCF empowers us to provide our clients with a comprehensive, scalable and unique value proposition in the market.”

The integrated group will operate from over 72 regional branches, serving 19 ports, and managing four million square meters of storage space. It will also control 44,000 Twenty-Foot Equivalent Units and manage 340,000 cargo movements per year with a fleet of over 3,000 vehicles. The unified entity, backed by a workforce of over 9,200 employees spread across 10 countries in Latin America, is well-positioned to continue its successful operations in the region.

Fabio Saad — H.I.G. Latin America Managing Director and Head of Andean Region said: “This transaction is a crucial step in Ransa’s growth and consolidation strategy which began with H.I.G.’s investment in 2021 to establish the Company as the leading logistics platform in Latin America. The complementary businesses of Ransa and TCF will create synergies that strengthen the leadership positions of both companies in the region.”