05/31/2011

NFI Acquires West Coast Operation of The Gilbert Company

Cherry Hill, NJ
Purchase Creates NFI’s Largest Warehouse Campus and Expands its Supply Chain Capabilities
NFI announced today that it has acquired the West Coast operation of The Gilbert Company. This is the second acquisition that NFI has made this year. NFI, headquartered in New Jersey with facilities and operations throughout North America, is one of the largest privately held integrated supply chain solutions providers in North America.

The purchase entails six facilities in California’s Inland Empire, including four in Chino and one each in Santa Fe Springs and Mira Loma. With these additions, NFI’s warehouse space in the region now totals seven million square feet including the company’s existing Chino, Ontario and Perris, CA, facilities. The company’s North American warehouse space now tops 21 million square feet with the completion of the acquisition.

Due to its prime West coast location, the Inland Empire is home to millions of square feet of warehouse space as part of a supply chain system that transports goods and materials from the ports of Los Angeles and Long Beach to the North and East. This acquisition makes NFI one of the leading supply chain providers in the region and creates one of the largest independently managed distribution campuses in North America.

“The acquisition enhances our capabilities in the apparel and footwear market and in our ability to bring an enhanced product offering to the retail sector,” said Joe Roeder, President of NFI Logistics and Distribution. “We are excited to add Gilbert’s expertise in store delivery operations and their strong transportation services and distribution network in the West, which will enable us to better serve all of our customers.”

Customers of the newly expanded facilities include high-end apparel brands in the clothing and shoe retail sector and a number of prominent retailers.

“Every expansion of our services and facilities enables our company to grow and improve our ability to service our customers across the supply chain spectrum,” said Sid Brown, Chief Executive Officer of NFI. “The combination of organic growth and a series of strategic acquisitions over the past decade has enabled us to strengthen our position through the expansion of our geographic footprint, the addition of warehouse and transportation assets and the attraction of talented personnel.”

The Gilbert Company, a subsidiary of Maersk, will continue to operate its Keasbey, NJ facility under the Gilbert brand name and the existing management team.


About NFI

NFI is a fully-integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since 1932, the company generates more than $3.9 billion in annual revenue and employs over 16,000 associates. NFI owns and operates more than 70 million square feet of warehouse space alongside a dedicated fleet of 5,170 tractors and 13,275 trailers. By 2023, NFI will operate the first 100% zero-emission drayage fleet, leading the transition to zero-emission goods movement in the United States. NFI’s relentless innovation and unparalleled service deliver logistics solutions that transform the way business gets done. The company’s business lines include dedicated transportation, warehousing and distribution, ecommerce fulfillment, brokerage, transportation management, port drayage, intermodal, global logistics, and industrial real estate. For more information about NFI, visit www.nfiindustries.com or call 1-877-NFI-3777.