Caisse de dépôt adds to investment in Metro SCG
Caisse de dépôt et placement du Québec has provided growth capital to Metro Supply Chain Group (Metro SCG), a Montréal-based provider of customized logistics services and supply chain solutions. No financial terms were disclosed for the deal, which adds to an investment made by the Caisse last April. Metro SCG will use the proceeds to execute its growth strategy, which targets acquisitions, new markets and further global expansion. It will give particular focus to e-commerce opportunities. Established in 1974 by CEO Chiko Nanji, Metro SCG moves more than $20 billion in goods each year through its logistics centres located in North America and Europe.
16 January 2019•3 mins read
