Beacon acquires List Logistics

Beacon acquires List Logistics The Beacon Group, a supply chain and facility services company, said it has acquired List Logistics & Distribution, a third-party logistics and distribution provider. Terms were not disclosed.
   Tewksbury, Mass-based Beacon will take control of all of List’s assets and real estate and has formed a wholly owned subsidiary to be named BPL – Beacon Performance Logistics.
   George Yfantopulos will remain chief executive officer of the Beacon Group and become president of BPL. Peter F. Martin has been named president of Beacon. George Schindler, former president of List Logistics, will serve as vice president of BPL.
   “BPL’s services will range from basic outsourced warehousing contracts to complex ‘4PL’ type arrangements where we can take over a total suite of business processes,” Yfantopulos said.
   Included in the acquisition of List Logistics is a 100,000-square-foot distribution center in Readville, Mass. This facility, coupled with a new operation in San Luis Potosi, Mexico, will provide BPL with a “launching point for new customers.”
   Schindler said BPL plans to “grow a presence in all major distribution pockets in North America. In addition to the Northeast and Central Mexico, we have immediate plans for locations in the South, Southeast and western regions of the U.S.”