Groupe Morneau Acquires Total Cold Storage

Groupe Morneau Acquires Total Cold Storage

Anjou, December, 2015 – Today André Morneau, President and general manager of Groupe Morneau, and David Morneau, Development Director of Morneau Eskimo, finalized the acquisition of Total Cold Storage, located in Anjou.The agreement signed with Patrick Filice, former owner of this cold storage services company, now allows Groupe Morneau to add cold storage services to its wide range of expertise. The purchase price was not disclosed.

Total Cold Storage offers customized services in cold storage, trichina treatment, blast freezing, inspection and much more. Its freezer storage area can accommodate nearly 16,000 pallets and its facilities span 100,000 feet. Its entirely automated distribution center and 24-hour services allow solid flexibility on the market. As a family company with 25 employees, Total Cold Storage is well known on different levels, such as by the Canadian Food Inspection Agency, which uses its facilities as a model for agencies and foreign importers.

“The food industry is very important for a transportation and logistics service provider like Groupe Morneau. A large amount of goods circulates daily between producers, processors, and retailers, and Groupe Morneau benefits from specialized expertise. Our know-how, combined with that of Total Cold Storage, now allows us to provide a global and complete range of offerings under one roof for this industry, all while positioningGroupe Morneau as experts,” Mr. Morneau confirmed.

The company envisioned this acquisition with the goal of continuing to develop its expertise and offering quality transportation and logistics solutions in the industry. “As a key player, we are proud to acquire a company that offers high-quality services that contribute to maintaining our standards of compliance with HACCP regulations and preserving the cold chain. As a transporter and warehouse operator, we must ensure particular care is given to hygiene, safety and security of goods,” explained David Morneau.

New knowledge transfer will take place through Mr. Morneau’s son, David Morneau, who leads development at Morneau Eskimo, the division specializing in controlled-temperature transportation. “We are happy to be able to include Total employees as members of our large team and to continue the mission of Total Cold Storage in addition to keeping up the reputation of this company that is well-known and respected in the industry,” confirmed Mr. Morneau.

Groupe Morneau has the largest fleet of multi-temperature units in Quebec and the largest network of terminals in Eastern Canada. With its coverage in Quebec, Ontario and Labrador, it has a competitive advantage with its “just-in-time” delivery of goods. It already offered related services to its clients, but its refrigerated storage space was limited.

Source: Groupe Morneau

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