Friday, October 5, 2012
Farrow Group Acquires D & H International, Inc. of Minneapolis, MN
Toronto, ON – October 5th, 2012 – Farrow Group today announced it has acquired D & H International, Inc., a customs brokerage firm, located in in Minneapolis, Minnesota.
Rick Farrow, Chief Executive Officer, Farrow Group, released the following statement to employees of both organizations: We’re excited and pleased to announce this transaction, our second acquisition this year and the fifteenth overall for Farrow Group. This acquisition is part of our ongoing strategic plan to expand our presence in the U.S., and our service to international importers and exporters. This transaction brings together two organizations which have similar cultures and a philosophy of personalized service excellence. It expands our footprint in the U.S. market and provides a local Farrow presence for several of our key clients.
Serge Desalvo, Owner and Co-Founder of D & H International, added: "I’m pleased and excited to jointly announce this agreement. The resources of an organization like Farrow Group, along with their corporate culture of service excellence and family ownership, complements ours and should provide increased value to our clients. I look forward working with the Farrow team. I’m especially pleased that this transaction will provide opportunity for our employees for personal and professional growth in the future, as Farrow’s expansion plans for the U.S. market come to fruition."
D & H was incorporated in 1992 as an international customs broker in Minneapolis by Serge Desalvo and his partner. D & H has been providing superior service to importers in the region by addressing the unique requirements of each client. D & H will initially operate as a subsidiary of Russell A. Farrow (U.S.), Inc. Serge Desalvo will continue as its President.
Farrow Group is the largest privately owned customs broker in Canada, has grown to over 600 employees in twenty-eight offices and warehouses throughout Canada and the United States. Founded in 1911, the company has a more than 100-year history of providing a comprehensive range of integrated solutions to exceed the expectations of North American importers and exporters. It is owned and managed by the third generation of the Farrow family, Rick and his brother John Farrow.
About Farrow Group
- A national customs broker with locations on the northern border in the U.S., and throughout Canada
- The largest independently owned and operated in Canada
- Farrow Group celebrated its 100th Anniversary (1911 - 2011)
- U.S. offices include: Chicago, ILL, Buffalo, NY, Romulus (Detroit), MI, Battle Creek, MI, Lewiston, NY, and Port Huron, MI, Los Angeles, CA, Seattle, WA
- Canadian offices include: Toronto, Montreal, Vancouver, Calgary, Edmonton, Niagara Falls, Fort Erie, Ayr (Cambridge), Sarnia
- Named one of Canada’s 50 Best Managed in 2009, and a Re-Qualified member in 2010 and 2011
- Over six hundred employees in twenty-eight office & warehouse locations throughout the U.S. and Canada
- Family owned and operated, for three generations.
- Two time winner of the “Toyota Kaizen Excellence Award” for achievements as a key logistics partner
- ISO 9002 certified at the Ayr, Ontario, Regional Office
- Community involvement includes a commitment to Habitat-for-Humanity, the United-Way/Centraide, Windsor-Essex Therapeutic Riding Association, the Alzheimers Society, the St. Clair College Foundation, and local support of amateur sport
About D & H International, Inc.
- Principal office in Minneapolis, Minnesota
- Established in 1992
- International customs clearance services
- Excellent client relationships, many of whose commitment to D & H goes back to 1992