Belgian logistics company H. Essers has taken a major step into the U.S. market by acquiring Palmer Logistics, a Houston-based firm specializing in chemical warehousing. This move marks H. Essers’ first direct presence in the United States and signals an ambitious growth strategy in a key sector.
Palmer operates 14 facilities primarily along the Gulf Coast, offering approximately 3.8 million square feet of warehousing space. Founded in 1965, Palmer employs around 350 people, all of whom will retain their positions following the deal, with the current management, including President Brett Mears, continuing to lead day-to-day operations. The transaction’s financial details were not made public.
H. Essers plans a phased rebranding of Palmer’s operations but intends to maintain existing service standards and locations. The acquisition aims to support chemical industry clients operating across North America and Europe, leveraging H. Essers’ long-standing expertise in chemical logistics. The company also sees the move as a way to strengthen its transatlantic platform, connecting its European and American customer bases.
The Belgian firm projects a substantial revenue increase in the U.S., targeting growth from $70 million to $300 million within five years. The Gulf Coast was chosen as the strategic foundation due to its dense chemical manufacturing presence in Texas and Louisiana. Future expansion plans include extending services to East and West Coast markets, aligning with the geographic spread of many of its European and American clients.
H. Essers’ CEO emphasized the company’s long-term market vision, focusing on anticipated customer needs well beyond immediate economic conditions. The acquisition reflects this forward-looking approach by establishing a robust infrastructure that facilitates cross-border logistics for chemical sector customers between Europe and the United States.