Motor carrier and supply chain solution provider NFI Industries has acquired SDR Distribution Services, a provider of custom warehousing and distribution solutions in Canada and the U.S. With the acquisition, NFI will expand its customer base in the fashion and retail industry and will double its distribution footprint in Canada, according to a company press release.
Established in 1979 as a wholesale distribution company, third-party logistics company SDR specializes in fashion, footwear, and clothing accessories. NFI has been operating in the Canadian marketplace for over 15 years. The SDR acquisition expands its presence in Toronto, Calgary, and Vancouver, making NFI one of Canada's largest warehousing and distribution businesses, operating over 4.5 million square feet, according to the release.
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“We are excited to have SDR join NFI and continue our growth in the Canadian market,” said Sid Brown, CEO of NFI (No. 33 on the FleetOwner 500 For-Hire list). “The SDR acquisition brings additional blue-chip fashion and retail customers to our portfolio. With the combined expertise of both NFI and SDR, customers can expand in the US with NFI’s existing footprint and access our other service offerings. We look forward to SDR’s impact on the future success of NFI.”
In October, NFI Industries acquired port solutions and export drayage services provider MCO Transport, expanding NFI's footprint in the southeastern United States.
With the acquisition, NFI, is setting itself up to expand its port solutions and export drayage services with locations in Wilmington, North Carolina, Norfolk, Virginia, Charleston, South Carolina, Savannah, Georgia, and Atlanta.
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Since its acquisition of Canadian-based Dominion at the end of 2016, NFI has continued to expand its Canadian service offering through acquisitions and organic growth, including freight brokerage, global freight forwarding, asset-based transportation, and value-added warehousing and distribution. The addition of SDR brings NFI’s warehousing footprint to 72 million square miles across the United States and Canada.
“NFI is a great fit for our associates because of our similar cultures and NFI’s deep commitment to their customers,” said Glenn Nicodemus, CEO of SDR. “The acquisition of NFI will bring added value to our customer relationships since SDR prides itself on being an expert in the fashion and apparel industry.”
