Horizon Auto Logistics today announced a corporate restructuring of its business, following the acquisition of the total share capital in the Groups operating entities.
The Group will operate under the name Horizon Auto Logistics and is headquartered in Florida. Its operations consist of Horizon Auto Logistics in Mexico, Fast Terminal International in Colombia and Fast Auto Logistics in the U.S. and Dominican Republic.
Says Jose Maria Sola Freixa, Executive Chairman of the Group; “This is a momentous time for us since inception of our operations in 2012. The ownership structure we had over the last years yielded significant success. Needless, at this time with an automotive industry evolving rapidly and the impact this will have on the supply chain for finished vehicles, we believe it’s important with a consolidated and clear vision of how to develop our business and products.’’
Jose Maria further says; “We have appointed Per Folkesson as Group CEO to lead the development of the company, its footprint and business portfolio. We have worked closely with Per since 2015 and have a very similar view of how we believe the industry will evolve mid to long term.”
Says Per Folkesson, Group CEO; “It’s very exciting to be able to continue working with this group of companies and the fantastic people we have. It’s all in the technology and human capital, and we have the best of both. Our focus will be on international growth under the vision of an integrated supply chain.“
Per continues; “We believe in our total-logistics strategy and already provide services in the entire supply chain in the markets we operate. It’s about tying the activities together, providing visibility 24/7 and pro-actively detect bottlenecks and manage them. Not all markets and customers are susceptive to this modus-operandi at this time, but in the end, we believe it’s the sustainable path forward to control inventory, minimize risk and to optimize output.”
Horizon Auto Logistics provides complete supply chain services for finished vehicles, which includes vessel cargo handling, port operations, yard operations and distribution centers, VPC and EPC services, inland transportation, distribution management and plant logistics.
For further inquiries, please contact:
Per Folkesson, CEO, +1 904 426 4577
Ignasi Sola, COO, +1 786 351 8227