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Farrow Completes Sale of National Logistics Services to Fulcrum Capital Partners

June 27, 2018

Toronto, ON – Farrow has sold their controlling interest in National Logistics Services (NLS) of Toronto, Ontario, as of June 26th, 2018. 

“Our focus is to continue to offer best in class service and value as we continue to focus our resources to grow market share in strategic markets,” said Chairman and CEO Rick Farrow in a statement.

Farrow is among the largest private and family owned customs brokers in North America, and provides services that range from customs brokerage to logistics.

NLS has been sold to Fulcrum Capital Partners, a private equity firm focused on the Canadian middle market. Fulcrum has helped build and grow more than 45 platform companies by providing strategic, operational, and financial expertise.

Established in 1967, NLS is Canada’s leading retail logistics provider specializing in fashion apparel, footwear, accessories and lifestyle wear.

For further information, please contact:

Randy Motley
President, Farrow Canada
905.677.8353 ext 512 (office)
randy.motley@farrow.com

About Farrow

Farrow is a customs broker and logistics provider with over 100 years of expertise in international trade. Owned and operated by the third generation of the Farrow family, with the fourth generation now involved on a day-to-day basis as well. With over 1,250 employees and 43 offices and warehouse locations, Farrow is among the largest private and family owned customs broker in North America.

In addition to providing customs brokerage services, Farrow also operates four divisions under the Farrow brand. These include Farrow Logistics (North American Logistics), Farrow Global Logistics (International Freight Forwarding and Global Supply Chain), Farrow Express (Expedited Deliveries), and Farrow Consulting (Import/Export and Trade Management Consulting). Under the National Logistics Services (NLS) brand, Farrow operates Canada’s leading logistics provider for fashion, footwear, action wear and general merchandise, with facilities located strategically in Toronto, ON and Vancouver, BC.

Farrow is a Platinum Club winner of Canada's Best Managed Companies Program.

About National Logistics Services

National Logistics Services (NLS) is Canada’s leading logistics provider for fashion, footwear, and action wear, delivering superior service to the retail industry since 1967. NLS’ services extend to both distributed brand retailers and retail chains alike, along with e-commerce and omnichannel solutions.

NLS works closely with its clients to fit the right logistics strategy and solutions based on each client’s supply chain capabilities, business needs, and future objectives. The company’s full-service offering includes automation and technical infrastructure for optimum through-put and speed-to-market. NLS has facilities strategically located both in Toronto, ON, and Vancouver, B.C.

 


Questions? Please contact your Farrow representative or complete our online form.



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