Metro Supply Chain Group completes buy-out of top Europe-based time critical logistics specialist
Leading 3PL provider expands global footprint and logistics services offering and increases automotive industry presence
Thursday April 14th… Metro Supply Chain Group, a leading 3PL solutions provider in North America, has expanded its global automotive capacity with the acquisition of Europe-based automotive and industrial services emergency logistics specialist, Evolution Time Critical. The company’s expedited freight expertise complements Metro’s specialism in providing customized logistics solutions, helping to provide a truly cross-industry, multimodal global service.
“Following detailed market analysis, Metro Supply Chain Group has identified the growth potential of premium freight in the automotive, aerospace, oil and gas and healthcare industries amongst many others. The value brought to our business by Evolution Time Critical is an exciting opportunity to expand our global footprint,” says Chiko Nanji, CEO, Metro Supply Chain Group. “The acquisition builds on the organic growth we have experienced, having tripled in size in the last five years, and demonstrates our commitment to providing an evolving service that enables us to achieve even more for our customers.”
With origins in consumer goods, Metro Supply Chain Group currently specializes in providing customized solutions incorporating warehouse and transportation management, post production customization and professional services. To further support its growing business its next customer service hub is being opened in 2016. Evolution Time Critical, which will remain headquartered in the UK, provides a robust supply chain safetynet by providing contingency for manufacturers and suppliers that protects against financially costly unscheduled production stoppages or service delivery failures.
“We already provide aftermarket parts warehousing and distribution services for the automotive industry so understand the pressure of time-constraint experienced within the automotive supply chain; the acquisition of Evolution Time Critical not only broadens our capability, but provides us with proven, long-established European bases that are the hub of a global operation,” says Martin Graham, Metro Supply Chain Group President. “This acquisition is mutually beneficial for existing Metro and Evolution customers, and enables us to offer solutions in new markets and tackle fresh challenges, while achieving our goal of providing a truly international logistics company.”
Beyond its two UK locations, Evolution Time Critical has a further base in Dusseldorf, Germany, which will also benefit from the backing and infrastructure provided by Metro Supply Chain Group. “We are extremely proud of the reputation forged by Evolution Time Critical’s awards-recognised time-sensitive solutions, and our capability will be further enhanced following the acquisition by Metro Supply Chain Group – powerful backing will enhance our capacity and grow our physical capability, without jeopardising the bespoke service for which we are renowned,” explains Brad Brennan, Evolution Time Critical Managing Director.
“The way in which the automotive industry has utilized Evolution Time Critical’s services has evolved as OEMs better understand the benefits that can be found through supply chain optimization and robust operations. We can now accelerate our infrastructure and IT systems development to ensure that we continue to evolve in line with industry trends,” concludes Brennan.
About Metro Supply Chain Group
The Metro Supply Chain Group of Companies is a Canadian owned leading provider of third party logistics (3PL) services across North America. We maintain our small business roots with a flat organization structure capable of making strategic decisions quickly and effectively.
The Group has been in operation for over 40 years with sites coast to coast. We operate with over 12 million square feet of premium warehouse space. Our customers are industry leaders and the Group provides services through both single, dedicated site and multi-customer facilities to offer the flexibility required by its customers.
About Evolution Time Critical
Evolution Time Critical is the world’s leading specialist in emergency, quick response logistics. Analysts are available 24 hours a day, ready to develop and implement solutions in any part of the world within a 15-minute response window, calling on a vast range of techniques, skills and contacts to ensure that goods reach their destination on time.
The skills of Evolution’s team are also available for consulting projects, helping clients to achieve additional savings in their supply chains while also strengthening and improving manufacturing efficiency. Increasingly, Evolution has found that emergency logistics is playing an integral role in lean strategies such as in the automotive industry where the drive continues to minimise inventory while maintaining the reliability of deliveries to manufacturing plants.
The expertise and techniques developed by Evolution for the automotive sector are also benefitting the aerospace and marine industries, where the company helps clients to release capital trapped in spare parts by facilitating urgent parts deliveries, and return aircraft and ships to service more quickly.
Gareth Charlton at Market Engineering Ltd
+44 (0) 1295 277 050
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