In a significant move, Kenco, a prominent third-party logistics company in North America, is excited to announce the successful acquisition of The Shippers Group, a distinguished third-party warehousing company based in Dallas. This strategic partnership marks a pivotal moment for Kenco, enhancing its capabilities with increased capacity, broader geographic reach, and an expanded suite of services—all aimed at delivering greater value to its customers.
The addition of The Shippers Group to Kenco’s portfolio not only strengthens its position in the logistics industry but also reflects the company’s commitment to providing top-notch solutions to its clientele. The strategic collaboration enables Kenco to offer a more comprehensive range of services, meeting the diverse needs of its customers with efficiency and excellence.
While the terms of the acquisition are not being disclosed, both Kenco and The Shippers Group are enthusiastic about the prospects that this union brings. Clients can expect a seamless transition and an even more robust set of logistics solutions, solidifying Kenco’s status as a leader in the ever-evolving logistics landscape.
Stay tuned for further updates as Kenco continues to innovate and elevate the standards of third-party logistics, delivering unparalleled service and value to its customers.
Established in 1901 as a regional warehousing company, The Shippers Group has evolved into a nationally recognized leader in warehousing, co-packaging, fulfillment, and transportation management. With a century-long commitment to enhancing supply chains through innovative solutions, the company has become a trusted and reliable partner in the industry. Led by majority owner and CEO Graham Swank, The Shippers Group boasts a tenured leadership team dedicated to fostering a collaborative, innovative, and growth-oriented culture.
Denis Reilly, CEO of Kenco, expressed enthusiasm about the synergies between Kenco and The Shippers Group, stating, “Kenco and The Shippers Group have highly complementary capabilities and share a culture of excellence. Together, we strengthen the combined suite of capabilities with increased scale and reach in key growth markets, enabling us to capitalize on market momentum while continuing to deliver exceptional service to our customers. I have long admired The Shippers Group’s management team and look forward to working together in the next chapter of their growth.”
The acquisition of The Shippers Group significantly enhances Kenco’s multi-client capabilities and North American presence, adding 3.8 million square feet of space across eight sites in Florida, Georgia, and Texas. Kenco’s customers will now have access to The Shippers Group’s facilities, benefiting from increased transportation capacity, as well as valuable co-packaging expertise and processes.
Rob Doyle, President at The Shippers Group, emphasized the importance of this moment, stating, “Today marks a pivotal moment in The Shippers Group’s journey to optimize supply chains for the benefit of our customers. Kenco has built an exceptional platform from which to scale, and I am confident that our customers will welcome access to Kenco’s proven operating systems. Our alignment with Kenco’s culture, values, and commitment to innovation, coupled with Kenco’s infrastructure, positions us well to achieve new levels of performance and execute upon our growth opportunities.”
Scott Mayfield, Chief Administration Officer of Kenco, highlighted the strategic fit between the two companies, saying, “We knew Shippers Group would be a fit from the start. We have had a long-standing relationship with their owners and key executives. This strategic partnership signifies a milestone for Kenco and The Shippers Group, combining our strengths to deliver even greater value to our customers and further excel in the dynamic logistics landscape.
About Kenco
Kenco supplies integrated logistics solutions that include distribution, eCommerce fulfillment, comprehensive transportation management and material handling equipment services, and customized supply chain solutions – all designed for Operational Excellence. Kenco continues to be a leading 3rd party logistics provider in North America, building lasting customer relationships for over 70 years. Kenco’s focus is to support customers’ business needs through connected solutions and to redefine third-party logistics by offering innovative solutions.
About The Shippers Group
The Shippers Group is a third-party warehouse company (3PL) focused on continuous improvement and keeping pace with dynamic supply chains to optimize our customer’s bottom line and deliver exceptional products to consumers. Founded in 1901 and headquartered in Dallas, Texas, they rely on their heritage ingrained with the values of integrity and hard work as a family owned company to move The Shippers Group to be an even more proficient 3PL provider and supply chain partner.