Metro Supply Chain Acquires Sci Group

Jan 09, 2024•over 1 year ago

Acquiring Company

Metro Supply Chain

Acquired Company

SCI Group

Montreal

TorontoLogisticsTransportationTransportation

Description

Metro Supply Chain Inc. ("Metro Supply Chain"), a strategic supply chain solutions partner to some of the world's fastest growing and most reputable organizations, is pleased to announce that it has entered into an agreement to acquire SCI Group Inc. ("SCI"), a leading Canadian third-party logistics (3PL) company, from Canada Post Corporation ("Canada Post") and Purolator Holdings Ltd.

Company Information

Company

Metro Supply Chain

Location

Montreal, Quebec, Canada

About

Managing 14 million square feet in almost 100 sites across North America and Europe with a team of 6,000, Metro Supply Chain is the largest pure play supply chain solutions company based in Canada. We advance our customers' business through innovative, real-world solutions within a culture that supports our communities, protects our environment and enables our team to thrive. Our scale, wide capabilities and entrepreneurial structure enable us to solve our customers’ most challenging supply chain needs in ecommerce, warehouse management and fulfillment, transportation and last-mile delivery, contract packing, and strategic consulting.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed