Lauritzen Bulkers acquires Canadian shipping company

Lauritzen Bulkers has acquired Alexander & Blake, a Canadian breakbulk and parcel shipping company. This acquisition adds valuable competencies and strong client relations to the Lauritzen Bulkers chartering and freight offerings.

 

Alexander & Blake is a Canadian-owned and operated shipping company. Its main activities are in the breakbulk and parcel service segments, with clients and core trades in the North and South American markets.

 

“Following a thorough due diligence process, we are glad to announce the acquisition of Alexander & Blake, a Canadian parcel service operator,” says Jacob Winthereik, Interim CEO and CFO of Lauritzen Bulkers.

 

“The discussions we have in the past months with the Alexander & Blake team have confirmed to us their excellent competencies and how they will add value to Lauritzen Bulkers' global shipping services from day one,“ says Rasmus Francis Jensen, Vice President, Chartering and Lauritzen Bulkers Parcel Service.

 

Under the future brand name - Lauritzen Bulkers Parcel Service - Lauritzen Bulkers will continue Alexander & Blake's breakbulk and parcel service.

 

“I am equally glad to bring the Alexander & Blake brand and organisation into the renowned shipping company Lauritzen Bulkers platform. I am certain that our current and future customers will gain access to creative and competitive freight offerings. Furthermore, I see a very good fit between the Alexander & Blake values and the corporate culture, commercial mindset and customer focus of Lauritzen Bulkers,” says David Linden, founder and CEO of Alexander & Blake.

 

Alexander & Blake's current employees, operation, and customer contracts will continue under the brand name Alexander & Blake - by Lauritzen Bulkers.

 

Headquartered in Copenhagen, Denmark, Lauritzen Bulkers has a rich history spanning 140 years and a global presence with offices in Singapore, Dubai, Hong Kong, Poland, and the USA, along with representatives in Brazil and Australia. Lauritzen Bulkers manages a fleet of 90-110 geared handysize and ultramax vessels on a daily basis.