NFI, Cherry Hill, N.J., acquired Canadian 3PL Dominion Warehousing & Distribution.
The Dominion acquisition will increase NFI’s Canadian-based revenue to over $125 million, and will continue to expand its Canadian service offering, which includes freight brokerage, global freight forwarding, asset-based transportation and value-added warehousing and distribution. The acquisition also brings NFI’s warehousing footprint total to over 31 million square feet, including approximately 2 million square feet of physical locations in Toronto, Calgary and Vancouver, Canada.
“We are excited for Dominion to join NFI and continue our growth in the Canadian market, which is core to our overall strategy. We will add new, blue-chip customers to our portfolio, and at the same time, provide our existing customers additional warehousing capacity in these markets,” says Sid Brown, chief executive officer of NFI.
“NFI’s long history as a family owned and operated company with a customer-centered focus made it the right fit for Dominion,” says Robert Dineen, Dominion president and general manager. “Our 250 employees will feel at home as NFI continues to grow its warehousing and distribution services across North America.”
“Dominion provides a great opportunity for NFI to enter into new industries like specialty paints and chemicals and expand existing ones,” says Kevin Patterson, NFI president of distribution. “The acquisition increases our footprint and also expands our capabilities in these sectors.”