Mainz, December 2nd 2013 - JF Hillebrand Group AG has announced the acquisition of Satellite Logistics Group, a leading US based supply-chain solution provider for the beverage industry.
Headquartered in Houston , Texas , Satellite specialise in reverse logistics solutions and related services for the beer and beverage industry. Their customer base includes many brewers throughout North America, Latin America and Europe . The acquisition complements JF Hillebrand’s existing business portfolio, and will enable both companies to enhance their service offering to clients.
“This promises to be a valuable partnership for both JF Hillebrand and Satellite Logistics Group,” said Christophe Bernard, CEO of JF Hillebrand. “Not only do we have complementary service offerings, but we find both organisations are culturally aligned, with a joint focus on service quality.”
“Partnering with JF Hillebrand provides an exciting opportunity for Satellite Logistics Group and our customers,” said Satellite’s president and CEO Kevin Brady. “JF Hillebrand is an industry leader that shares our dedication to providing innovative and efficient beverage supply chain solutions. While our day-to-day operations will continue as usual, JF Hillebrand’s beverage logistics expertise and global footprint will be valuable resources as we expand our business domestically and internationally.”
Satellite’s know-how and expertise within the beer industry is unique, and as such the acquisition forms a key part of JF Hillebrand’s strategic positioning as a global logistics provider to all sectors of the beverage trade. The combined client base of Satellite and JF Hillebrand includes many of the world’s leading multinational and craft brewers.
Satellite’s management team retains equity and will remain in place, along with current employees. The company will continue to operate as Satellite Logistics Group. Terms of the transaction were not disclosed.
About the JF Hillebrand Group: JF Hillebrand is the world’s leading specialist logistics provider to the beverage trade. With a global network headquartered in Mainz , Germany , the company employs 2000 people in 48 wholly owned offices around the world. In 2012, the company reported a throughput of over 500,000 TEU’s and a turnover of €1.2 billion. Founded in 1844, JF Hillebrand celebrates 170 years of continuous trading in 2014.
About Satellite Logistics Group Satellite Logistics Group (SLG) specializes in supply chain management for the beverage industry. We deliver innovative and efficient supply chain solutions to help our customers manage their businesses more strategically and accommodate changing needs. Our core services include Kegspediter® keg management, LogiTrax® transportation management and EcoBev® beverage disposal. For more information, please visit www.slg.com.