German owner-managed forwarder Röhlig Logistics has bought a 10% stake in Latin America-based OnBoard Logistics.
The collaboration with OnBoard founder Pablo Martinez (pictured, right, with Röhlig regional chief executive, Michael Gerding) began in 2006, when he represented Röhlig with his former company Procargo as an agent in Argentina, Bolivia, Paraguay and Uruguay. In 2014, Martinez founded OnBoard Logistics, which today has over 350 employees in 15 countries.
With the minority stake in OnBoard Logistics, Röhlig will significantly improve its coverage throughout Latin America. While it already has a strong presence in Mexico, Brazil, Argentina, Bolivia, Chile and Uruguay, OnBoard offers the opportunity to gain a foothold in further emerging markets in the region.
