France-based transport and logistics provider Geodis has acquired Southern Companies, according to a May 23 announcement. Terms of the deal were not disclosed.
The addition of the Miami-based drayage services provider gives Geodis access to terminals serving PortMiami, Port Everglades, Port Houston, Jacksonville Port Authority, Port Tampa Bay, Port of Savannah and Port of Charleston. More than 80 Southern Companies employees spread across its seven port operations will join Geodis.
“The acquisition enhances Geodis’ end-to-end supply chain capabilities across the U.S.,” the company said.
Geodis also said the acquisition complements its existing U.S. transportation and warehousing operations. Southern Companies, a family-owned company founded in 1965, provides a range of import and export services, including warehousing and trucking.
“The acquisition of Southern Companies represents an important addition to Geodis as we continue to strengthen and grow our capabilities, our team and our client roster throughout the U.S.,” Mike Honious, Geodis in Americas president and CEO, said in a statement.
Jorge Mora, owner and CEO of Southern Companies, said joining Geodis allows his family’s company to expand its global reach.
Geodis’ Americas region is headquartered in Brentwood, Tennessee, and has a presence in 20 states. The company employs over 17,000 people across North America and operates more than 150 warehouses in the U.S.