Legacy Supply Chain services announces Acquisition of Vitran Corporation INC.'S Supply Chain operation division
LEGACY Supply Chain Services today announced the acquisition of Vitran Corporation Inc.’s Supply Chain Operation (Vitran SCO), a North American third-party supply chain provider specializing in complex, high-velocity logistics networks servicing leading...
The acquisition greatly expands LEGACY’s market share in the United States and Canada. The transaction is expected to close in February, 2013, subject to the completion of customary conditions.
This venture immediately expands LEGACY’s distribution footprint to a total of 35 facilities, four transportation offices, and over 6 million square feet of warehousing space in North America. Additionally, it expands their supply chain presence into the large retail market. The alignment of technological resources of the two companies will enhance LEGACY’s supply chain solutions capabilities for current and future clients.
“We are always looking for ways to expand our service capabilities, and the Vitran SCO acquisition provided us a perfect opportunity to expand our client offerings,” said Ron Cain, Chief Executive Officer of LEGACY Supply Chain Services. “Although it was important to expand our business and services, it was equally important to find a company that has similar values and culture, and is committed to providing high-touch service to customers. We believe we have found such a company in Vitran SCO.”
“We are excited to become part of the LEGACY organization,” added Mike Glodziak, President of Vitran SCO. “This will allow our customers to continue to experience leading edge supply chain services as well as leverage the broader supply chain resources.”