Allog Group Announces Acquisition of FTrade and Fortallog and Plans to Increase Share in Refrigerated Cargo Market and Northeast Region

With Units in Itajaí (SC), Campinas (SP), Porto Alegre (RS), Santos (SP), Curitiba (PR), São Paulo (SP), and Manaus (AM), Allog Group Has Operations and Business Partners in Different Parts of the World

Allog Group, a company specialized in international logistics based in Itajaí (SC) with units in different regions of Brazil, has just announced the acquisition of the Cearan companies FTrade and Fortallog. The purchase is part of the company’s portfolio expansion project and aims to increase Allog Group’s participation in the refrigerated cargo market and integrated logistics operations.

With headquarters in Fortaleza, FTrade is the largest player in the maritime transportation of fruits in Brazil, becoming a reference for the national agribusiness. It holds 64% of the market share of the volume of fruits and vegetables handled by freight forwarders (source Dataliner 2022), mainly consisting of mango, melon, grape, watermelon, lemon, tangerine, coconut, dragon fruit, apple, and pear produced in the Northeast states and shipped to different regions of the world, and projects significant growth in revenue in the coming years. For 2023, the expectation is a 17% increase in revenue, followed by an even more expressive 19% growth forecasted for 2024.

Fortallog, recognized as a logistics specialist, is a fundamental piece as a strategic arm of FTrade and has a large fleet focused on providing excellence in road transportation of refrigerated cargo in the interior of the Northeast (Petrolina and Juazeiro in the São Francisco Valley region) to the main ports of Bahia, Ceará, and Pernambuco. With an 11-year trajectory, the company stands out for investing in transportation solutions in an important and challenging market, ensuring competitiveness and agility in operations.

Rodrigo Hauck, Operations Director at Allog, details that the acquisition of the two companies is guided by strategic planning. The negotiation aims to maintain the names and brands of the acquired companies, as well as the employee structure. With the consolidation of the business, Allog Group will have over 350 employees. “FTrade and Fortallog will continue with their separate brands and their own commercial configuration. We believe in Brazilian agribusiness, in the people involved, and in the enormous economic potential of the Northeast region. With that, we also strengthen our refrigerated cargo segment for clients in the South and Southeast regions. Our purpose is to unite forces and share knowledge,” adds Alex Oliveira, founder of Allog Group.

With units in Itajaí (SC), Campinas (SP), Porto Alegre (RS), Santos (SP), Curitiba (PR), São Paulo (SP), and Manaus (AM), Allog Group has operations and business partners in different parts of the world. Since its founding 22 years ago, the company has focused on diversifying segments that require highly specialized logistics as one of its differentiators. In addition to the movement of wood derivatives, solar market products, foodstuffs, customs clearance, and project cargo, it is a reference in the export and movement of liquid cargo, as well as international air and road transport.

According to Bruno Farias and Zakaria Benzaama, partners of FTrade and Fortallog, the synergy between the companies – genuinely Brazilian – was the decisive factor for the players to formalize this transaction, which will result in a complete delivery for all niches of the economy in the context of integrated logistics.

Zakaria Benzaama also highlights the recent investment in FLK Logistics Solutions, a company specializing in warehousing and cross docking, with a refrigerated space of approximately 30,000 square meters located in Petrolina (PE). The multimodal terminal has the capacity for 60 containers, 5,000 pallets of dry cargo, and 1,600 positions in cold storage. “Our goal is to invest in the logistics chain of the region to guarantee clients an agile solution for the replacement of refrigerated equipment, maintenance service, and, mainly, storage and pre-stacking, reinforcing our commitment to logistic development in the largest fruit-producing region in the country,” he comments.

For Allog’s CEO, Anderson Venancio, the acquisition of FTrade and Fortallog brings even more strength to the company in the national and international logistics market. “With this acquisition, Allog Group, FTrade, and Fortallog will have greater relevance in the market, enabling their clients to access better solutions and competitiveness in the segments in which they act as specialists. Our current strategic planning includes future investments aimed at strengthening end-to-end logistics solutions in line with the trends of the global market,” he concludes.