Kuehne + Nagel buys Romero and McNally to extend Mexican border network
Swiss logistics firm Kuehne + Nagel has acquired Otay Mesa, Calif.-based Romero and McNally Brokers to increase its brokerage network to four facilities along the U.S. border with Mexico. Financial details were withheld.
Romero and McNally was established in 1971 and has 23 employees. The company offers full border clearance services to importers and exporters at the Mexican border whether shipments are under a “Maquila” program and/or NAFTA provision, or merely general importations.
The acquisition enables Kuehne + Nagel to increase its border clearance capabilities by adding cargo crossings between Tijuana and Otay Mesa in San Diego to its existing network in Laredo, El Paso and McAllen, Texas. Romero and McNally’s office is located alongside a 2,800-square-meter cross-dock facility adjacent to the Mexican border.
“For Kuehne + Nagel in the USA, the customs clearance business has become a mature, vital and growing core product that we support with more than 200 professionals, and a state-of-the-art processing system,” said Rolf Altorfer, Kuehne + Nagel’s president and chief executive officer for the U.S., Mexico and Central America regions.
Carla Ramos, Romero and McNally’s general manager, will continue to head the company, which will now operate under the name Romero and McNally, division of Kuehne + Nagel Inc.
Kuehne + Nagel buys Romero and McNally to extend Mexican border network
