Metro Supply Chain Group has acquired the Ontario warehousing and distribution operations of Van De Water-Raymond. Van De Water-Raymond provides distribution and marketing solutions to the Canadian consumer packaged goods (CPG) industry with a strong focus on grocery and pharmaceuticals. This acquisition further expands Metro's Canadian footprint and builds on its CPG expertise which includes specialist markets such as pet care.
"This company is a very good fit for the Metro family," said founder and CEO, Chiko Nanji. "Much of Van De Water-Raymond's operation runs parallel to our existing competencies in the consumer packaged goods industry, so this builds onto our infrastructure nicely."
"Metro is focused on excellence in the industry and has a strong reputation for customer satisfaction," says Van De Water-Raymond owner, Yves Raymond. "We are very confident that this acquisition will bring value to our customers served by the Ontario facilities."