Maersk Buys NJ Customs Brokerage Vandegrift
Maersk has agreed to acquire the New Jersey-based customs brokerage Vandegrift, it said in a press release. The deal, which closed on Feb. 8, nets Maersk a nearly 70-year-old operation with 170 employees based in 12 offices. “Adding Vandegrift’s depth…
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to our value proposition creates a game changer for our North America customers,” said Jeff Hammond, Maersk’s global head-customs brokerage. “Now we can offer significantly more Customs Broker expertise, capacity and wider scope of solutions to help our customers succeed,” he said. Maersk’s release says the price and terms of the deal were not disclosed.