US-based McQuilling Partners has announced the “strategic integration” of Medco Shipbrokers S.L., bringing together two shipping brokerage teams under a unified platform.
The deal is described as an “integration” by McQuilling Partners, which broadens the service capabilities and enhances the combined market presence.
John Schmidt, chief executive officer of McQuilling Partners, said, “This strategic integration exemplifies McQuilling’s prudent growth strategy. I want to thank Diego for entrusting McQuilling with Medco’s succession and look forward to welcoming Lucas and the Medco team to McQuilling.”
“We already share the same philosophy which makes us a great match,” commented Roger Marco, president of McQuilling Partners about Medco, which has been delivering service to the shipping industry across five decades.
McQuilling Partners is a privately-owned marine services company, providing transportation services to clients in the shipping, commodity and financial services industries.
It operates from offices located in New York, Houston, Singapore, Lima, Mexico City, Madrid, Mumbai, Athens, Dubai and Rio de Janeiro.
