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Source Logistics, Tamarind International Merge Procurement and Freight Forwarding Operations
Thursday 12 July 2018

12 July 2018 - South Carolina, US-based sourcing and logistics company Source Consulting 's Source Logistics LLC division and Florida, US-based Tamarind International Inc. have formed a joint venture in which both companies will consolidate all business operations, and operate under Source Logistics LLC, Source said.

Tamarind International will discontinue business operations.

Tamarind Consolidated Inc. was founded by Larry and Nancy Rogers in 1983 to provide logistics services to Virgin Gorda, British Virgin Islands, after realising the logistical challenges of obtaining building materials and everyday household items for their vacation home on the island. 

Larry and Nancy Rogers were responsible for organizing one of the first regular consolidated container services to Virgin Gorda.

That operation began a storied career supplying durable goods throughout the Caribbean for more than 35 years.

Headquartered in Mt. Pleasant, South Carolina, Source Logistics LLC, a division of Source Consulting LLC, is a global sourcing and logistics company providing procurement and consolidated shipping services to builders, developers and homeowners across the globe including the Caribbean and Central and South America.

Their Miami-based warehousing operation serves as the hub for all materials to be consolidated and exported directly to their clients throughout the Caribbean and the Americas.

Headquartered in Hobe Sound, Florida, Tamarind International Inc. is strategically located to provide shipping services throughout the Caribbean. Tamarind International Inc. is owned and operated by Larry Rogers and will be merged with Source Logistics LLC and will discontinue business operations in July 2018.
Details
Date Published: 12/07/2018
Target: Tamarind International,  
Country: USA
Sector: Road Transport/Freight Transport
Type: JV
Financing:
Status: Closed
Vendor:
Buyer: Source Logistics
Comment:
Terms of the deal were not disclosed

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