STG’s acquisition strategy will continue to focus on acquiring leading freight solution providers with complementary footprints and services.
VEECO CFS INSTALL
Our Certified Field Services Engineers provide local support to a global install base for around-the-clock coverage that keeps your R&D or manufacturing goals on track. As a registered user one can: Display items received into a warehouse.
This facility is accessible to registered users of Veeco Crest only. “We are excited to welcome them to the STG family and look forward to continuing to support API’s customers with CFS services going forward.”ĪPI’s CFS division represents the ninth acquisition for STG since partnering with Wind Point in 2016. At Veeco, we believe in making a material difference through offering superior service, being a trusted partner and providing unmatched technology solutions. Welcome to Veeco Crests Warehousing Suite. “We have admired API’s CFS business and their team for some time,” commented Geoff Anderman, President and CFO of STG. customs bonded warehouses in North America.” API’s CFS division is an important addition to the STG platform as we continue to strengthen STG’s position as the largest network of U.S. Konrad Salaber, Managing Director at Wind Point, commented, “Growth via acquisition remains a prominent component of our strategy for expanding STG’s scope and scale. “The acquisition of API’s CFS division further expands our capacity and presence in the critical ocean freight corridor of New York and New Jersey,” commented Paul Svindland, CEO of STG. "API’s CFS division is an important addition to the STG platform as we continue to strengthen STG’s position as the largest network of U.S. STG operates the largest network of independent CFS facilities in North America, handling ocean and air cargo in close proximity to all major ports and metropolitan areas. George Logistics, AZ CFS, Extra Express, Channel Distribution, Neutralogistics, Freight Force, Summit NW and Veeco. The business has scaled meaningfully through a dedicated strategic acquisition program focused on acquiring leading logistics services companies including St. STG is a market-leading asset-light provider of ocean and air CFS, contract logistics, and highly complementary customized transportation services. Arrowpac’s CFS leadership, including Dennis Murphy and Robert Polanco, will join the STG team and serve in critical roles in STG’s New York/New Jersey CFS operations post-closing. API will retain ownership of its NVOCC and related distribution and transportation businesses post-close. Downers Grove, IL, J– STG Logistics, Inc (“STG”), a portfolio company of Wind Point Partners (“Wind Point”), today announced the acquisition of the New Jersey Container Freight Station division of Arrowpac International, Inc (“API” or the “Company”), a leading provider of ocean import container freight station (“CFS”) services in the New York and New Jersey region.
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