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Article: USCO Logistics Completes Buyout of Former Partner, Grupo Financiero Santander Mexicano, to Become Sole Owner of Its Mexican Logistics Operations.
- Article from:
- PR Newswire
- Article date:
- September 14, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NAUGATUCK, Conn., Sept. 14 /PRNewswire/ -- USCO Logistics, one of the leading providers of logistics services in North America, today announced that it has completed the purchase of those shares of its Mexican logistics business unit that had been owned by its partner, Grupo Financiero Santander Mexicano (Santander). USCO is now sole owner of Almacenadora USCO Logistics de Mexico, S.A. DE C.V, formerly known as Almacenadora Santander USCO
According to USCO President and Chief Executive Officer, Robert R. Auray, Jr. "Our success in Mexico has been a springboard for USCO's international expansion through a worldwide network of licensed logistics providers. The ...