The Integration Group (TIG) announced Thursday that is has entered an agreement to acquire packaging and warehousing provider PDM for an undisclosed sum.
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Des Moines, Iowa-based PDM operates one million square feet of industrial and food-grade space throughout Iowa. Founded in 1996, the company provides packaging and other warehousing services as well as expedited and dedicated transportation.
In addition to food-handling capabilities, the deal bolsters TIG’s regional logistics offerings, which range from raw materials sourcing to final delivery.
“With PDM’s advanced packaging operations, robust warehousing capacity, and flexible transportation services, TIG will deliver an even more complete, compliance-driven logistics experience to our customers,” said TIG CEO Mike Schoenfeld in a news release. “This acquisition enhances both our service offerings and our regional reach.”
Marshalltown, Iowa-based TIG is a contract logistics and value-added warehousing services provider. It primarily serves the automotive, agriculture and industrial equipment sectors.
“Our deep expertise in custom packaging, food and feed quality systems, and specialized supply chain services has been central to our success. As part of TIG, we’re excited to scale these capabilities and deliver even greater value and expanded services to our customers,” said Terry Goodman, PDM division president.
TIG acquired aftermarket supply chain services and e-commerce fulfillment provider Matrix Management in July.
TIG is backed by Chicago-based, logistics-focused private equity firm Maxwell Street Capital Partners.
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