RADIANT LOGISTICS ACQUIRES 80% OWNERSHIP STAKE IN MEXICO-BASED WEPORT
Radiant Logistics (NYSE American: RLGT) has acquired an 80% ownership stake in Weport, a Mexico-based global transportation and logistics solutions provider. Founded in 2016 and headquartered in Mexico City, Weport offers comprehensive services including international ocean and airfreight forwarding, multi-modal domestic services, customs brokerage, and warehousing.
The acquisition structure includes performance-based payments and the right to acquire the remaining 20% stake in the future. Weport will continue operating under founder Ricardo Rochman's leadership and plans to transition to the Radiant brand during 2026. The strategic move strengthens Radiant's North American platform and enhances its capabilities in Mexico.
Radiant Logistics (NYSE American: RLGT) ha acquisito una quota dell'80% di Weport, azienda messicana che fornisce soluzioni globali di trasporto e logistica. Fondata nel 2016 e con sede a Città del Messico, Weport offre servizi completi tra cui spedizioni internazionali marittime e aeree, servizi multimodali domestici, brokeraggio doganale e stoccaggio.
L'operazione prevede pagamenti legati alle performance e il diritto di acquisire in futuro la restante quota del 20%. Weport continuerà a essere guidata dal fondatore Ricardo Rochman e prevede il passaggio al marchio Radiant nel 2026. La mossa strategica rafforza la piattaforma nordamericana di Radiant e amplia le sue capacità in Messico.
Radiant Logistics (NYSE American: RLGT) ha adquirido una participación del 80% en Weport, proveedor mexicano de soluciones globales de transporte y logística. Fundada en 2016 y con sede en Ciudad de México, Weport ofrece servicios integrales como transporte internacional marítimo y aéreo, servicios multimodales domésticos, corretaje aduanero y almacenamiento.
La estructura de la adquisición incluye pagos condicionados al rendimiento y el derecho a comprar el 20% restante en el futuro. Weport seguirá bajo la dirección del fundador Ricardo Rochman y planea adoptar la marca Radiant durante 2026. La operación fortalece la plataforma de Radiant en Norteamérica y amplía sus capacidades en México.
Radiant Logistics(NYSE American: RLGT)가 멕시코 기반의 글로벌 운송·물류 솔루션 제공업체인 Weport의 지분 80%를 인수했습니다. 2016년 설립되어 멕시코시티에 본사를 둔 Weport는 국제 해상·항공 포워딩, 국내 복합운송, 통관 대행 및 창고 보관 등 종합 서비스를 제공합니다.
인수 구조에는 성과 기반 지급이 포함되며 향후 잔여 지분 20%를 인수할 권리가 포함되어 있습니다. Weport는 창업자 리카르도 로치만(Ricardo Rochman)의 지도하에 계속 운영되며 2026년 중 Radiant 브랜드로 전환할 계획입니다. 이번 전략적 결정은 Radiant의 북미 플랫폼을 강화하고 멕시코 내 역량을 확대합니다.
Radiant Logistics (NYSE American: RLGT) a acquis une participation de 80% dans Weport, un prestataire mexicain de solutions logistiques et de transport à l'échelle mondiale. Fondée en 2016 et basée à Mexico, Weport propose des services complets incluant l'affrètement maritime et aérien international, des services multimodaux nationaux, le courtage en douane et l'entreposage.
La structuration de l'acquisition prévoit des paiements conditionnés à la performance et le droit d'acquérir ultérieurement les 20% restants. Weport continuera d'être dirigée par son fondateur Ricardo Rochman et prévoit de passer à la marque Radiant en 2026. Cette décision stratégique renforce la plateforme nord-américaine de Radiant et accroît ses capacités au Mexique.
Radiant Logistics (NYSE American: RLGT) hat einen 80%-Anteil an Weport erworben, einem in Mexiko ansässigen Anbieter globaler Transport- und Logistiklösungen. Weport wurde 2016 gegründet und hat seinen Hauptsitz in Mexiko-Stadt; das Leistungsspektrum umfasst internationale See- und Luftfrachtvermittlung, multimodale Inlandsdienste, Zollabwicklung und Lagerhaltung.
Die Übernahme beinhaltet leistungsabhängige Zahlungen sowie das Recht, die verbleibenden 20% künftig zu erwerben. Weport wird weiterhin unter der Leitung des Gründers Ricardo Rochman geführt und plant die Umstellung auf die Marke Radiant im Jahr 2026. Der Schritt stärkt Radiants nordamerikanische Plattform und erweitert die Kapazitäten in Mexiko.
- Strategic expansion into Mexican market strengthening North American presence
- Acquisition includes performance-based payment structure, reducing upfront capital requirements
- Retention of experienced leadership team with Ricardo Rochman continuing to lead operations
- Addition of comprehensive service offerings including ocean/airfreight forwarding, customs brokerage, and warehousing
- Future performance-based payments could increase acquisition costs
- Integration and branding transition risks during 2026 rebranding period
- Potential regulatory and operational risks in Mexican market
Insights
Radiant Logistics' acquisition of Weport expands its North American footprint and strengthens its Mexico operations with complementary logistics capabilities.
Radiant Logistics' 80% acquisition of Mexico-based Weport represents a strategic expansion of its North American logistics platform. The transaction follows Radiant's established acquisition model, with part of the purchase price contingent on future performance and an option to acquire the remaining 20% stake later.
Weport, founded in 2016, provides comprehensive logistics solutions including international ocean and airfreight forwarding, multi-modal domestic services, customs brokerage, and warehousing across Mexico. This acquisition directly addresses Radiant's stated goal of finding "the right next transaction to complement the Radiant network and solidify our capabilities in Mexico."
The deal creates three strategic advantages: 1) Enhanced service capabilities for Radiant's existing customers requiring Mexico logistics, 2) Access to Weport's established customer base, and 3) A platform for further North American expansion.
Operationally, Weport will maintain leadership continuity with founder Ricardo Rochman remaining at the helm while reporting to Radiant's SVP of International Services. The company will transition to the Radiant brand during 2026, indicating a deliberate integration approach that preserves Weport's established customer relationships while gradually incorporating it into Radiant's broader network.
This acquisition aligns with industry consolidation trends where larger logistics providers expand geographic coverage and service capabilities through strategic acquisitions rather than organic growth alone. For Radiant, Weport delivers immediate Mexico market presence with established customs expertise and infrastructure—critical advantages in cross-border logistics where regulatory knowledge creates significant competitive barriers.
Strengthens North America Platform and Positions for Further Growth
Founded in 2016 and headquartered in
Ricardo Rochman of Weport commented, "Throughout our history, we have built strong and lasting relationships with our clients and business partners, based on trust and commitment to excellence and customer satisfaction. We were looking for a long-term partner with that same passion for servicing the customer and a shared vision to further advance our business, while also providing an opportunity for growth for our employees. I am excited for the opportunity to leverage our own strengths along with the capabilities of the larger Radiant network to bring additional value to our customers, while supporting the broader Radiant Network here in
"We are excited to announce our partnership with Ricardo and the entire Weport team," remarked Radiant's Founder and CEO, Bohn Crain. "We have been looking for the right next transaction to complement the Radiant network and solidify our capabilities in
About Radiant Logistics (NYSE American: RLGT)
Radiant Logistics, Inc. (www.radiantdelivers.com) is a publicly traded, third party logistics company providing technology-enabled global transportation and value added logistics solutions primarily to customers based in
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding our future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause our actual results to differ from our expectations, include but are not limited to, the performance of our historic business at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of our recent acquisitions; and those risk factors that apply to our operations as disclosed in Item 1A of our Report on Form 10-K for the year ended June 30, 2024 and other filings with the Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (www.radiantdelivers.com). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances occurring after the date hereof.
View original content to download multimedia:https://www.prnewswire.com/news-releases/radiant-logistics-acquires-80-ownership-stake-in-mexico-based-weport-302544225.html
SOURCE Radiant Logistics, Inc.
FAQ
What percentage stake did Radiant Logistics (RLGT) acquire in Weport?
When was Weport founded and where is it headquartered?
What services does Weport provide in Mexico?
When will Weport transition to the Radiant brand?
Who will lead Weport after the acquisition?
