Monday, March 18, 2013

Manitoulin Group of Companies Acquires Cratex Industries Ltd.

EDMONTON, Alberta – March 18, 2013 – Manitoulin Group of Companies announced today that it has acquired Cratex Industries Ltd., Alberta’s largest crating, packaging and export services company, based in Edmonton. This is the fourth acquisition Manitoulin has made since May 2012, demonstrating its continued commitment to building out a portfolio of services that fulfill the total supply chain requirements of its customers.

“We are delighted to welcome Cratex Industries into our expanding Manitoulin family,” said Gord Smith, chief executive officer, Manitoulin Group of Companies, in a press release.  “The company shares our culture of excellence and dedication to customer service, and is a terrific fit for us.  Cratex is a valuable addition to Manitoulin as it complements our existing businesses. Our intent is to eventually expand Cratex to other locations and provide an even greater breadth of service for our customers.”

Headquartered in Edmonton, with a facility in Calgary, Cratex has been providing professional packaging for the shipment of manufactured goods since it was established in 1989.  A leading supplier to Alberta’s oil and gas technology services sector, the company’s offerings include: crating, skidding, poly wrap, container loading and unloading, mobile site teams and project packaging.

“Cratex has been sought out worldwide to securely package items as delicate as an entire dinosaur fossil, to something as immense and bulky as a C-130 freight plane,” says Smith.  “Clearly, we’re bringing in a capable company with the expertise to handle a highly diverse range of packaging requirements. We’re extremely excited about how this new addition will enhance our existing customer offerings.”

Manitoulin intends to retain all Cratex employees, with Ron Holdinga, its former owner, staying on as president.  Cratex’s customers will continue to have access to all of its offerings, and experience the same high level of customer service they have come to expect.

About Manitoulin Group of Companies:

Manitoulin Group of Companies is one of Canada’s leading transportation and logistics solutions providers.  It has over 50 years’ experience servicing a variety of industries and some of the world’s largest organizations.  As a single source provider, its offerings include; expedited LTL/TL, customs brokerage, global forwarding, warehousing, logistics, global time critical service, packaging and supply chain management. Manitoulin leverages its extensive network to connect businesses across Canada and around the world.  For more information, please visit: