Prime had $108.7 million in total revenues for the fiscal year ended December 31, 2019. C.H. Robinson intends to purchase Prime for approximately $225 million in cash. The acquisition is expected to be slightly accretive in 2020 and will be financed through cash on hand and funds drawn from C.H. Robinson’s existing credit facilities. …
C.H. Robinson announced that Michael Castagnetto has been promoted to President of the Robinson Fresh division. He succeeds Jim Lemke who retired earlier this year. Castagnetto will report to C.H. Robinson President and CEO Bob Biesterfeld. …
C.H. Robinson President and CEO Bob Biesterfeld announced the company’s largest investment in innovation, advanced technologies and talent, supported by recent in-depth customer research, that will shape the future of the logistics ecosystem. …
After nearly three decades of leadership, Jim Lemke, president of Robinson Fresh®, a division of C.H. Robinson, announces plans to retire in 2019. Lemke will focus his remaining time at Robinson Fresh on ensuring a smooth leadership transition. …
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