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Synergex has expanded its services to Latin America, with the acquisition of freight-forwarding licenses for Mexico and Colombia. In the latter country, it is operating out of the Bogota Free Trade Zone, which offers companies a single 15-percent income tax rate and the ability to sell in the local market without value-added taxes and customs duties. Synergex said it is focusing its third-party logistics services in the north-south trade lanes within the Americas, by extending its network from Toronto and Montreal to include Latin American freight forwarding, domestic distribution stations and related information-technology support. The company has also applied for a freight-forwarding license in Chile. Within the next 12 months, it expects to evaluate similar opportunities in Argentina and Brazil. Synergex operates in a total of six countries across the Americas, providing distribution, licensing, sales, localization, packaging and marketing of digital entertainment products. It is headquartered in Mississauga, Ontario.
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