Caisse de dépôt invests in logistics company Metro SCG
Caisse de dépôt et placement du Québec has made an undisclosed investment in Metro Supply Chain Group (Metro SCG), a Montréal-based provider of third-party logistics services and supply chain solutions in North America and Europe. Established in 1974 by CEO Chiko Nanji, Metro SCG serves customers with a presence in the consumer-packaged goods, retail, automotive, fashion and e-commerce industries. It will use the partnership with the Caisse to pursue growth, notably through business acquisitions. Last year, Canadian private equity firm Novacap sold its interest in Metro SCG to LDC Logistics Holdings Inc, an existing shareholder.
18 April 2018•3 mins read
