Navigation Links
syncreon Acquires NAL Worldwide Holdings Inc.
Date:12/29/2009

AUBURN HILLS, Mich., Dec. 29 /PRNewswire/ -- syncreon, a specialized provider of integrated logistics services and highly customized supply chain solutions to global industries, announced today it has acquired NAL Worldwide Holdings, Inc. The terms of the transaction are not being disclosed.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091229/CL30911LOGO)

Addison, IL-based NAL is a third-party logistics (3PL) and supply chain services company providing solutions to the telecommunications, retail, hi-tech and healthcare industries. The transaction provides syncreon 6 additional US facilities, a national network of 150 service providers and more than 550 people. In addition, this transaction strengthens syncreon's service offering and expands end markets served to include telecommunications and retail.

NAL Worldwide had revenues of US$75 million in 2009 and had been majority owned by Chicago based private equity firm Lake Capital. Brian Enright, President & CEO of syncreon, said, "We are very pleased with this transaction. NAL considerably adds to our capabilities in the key US market and brings us access to new sectors, customers, capabilities and human talent. This acquisition builds upon syncreon's core differentiator - flexible and customized solutions for our customers."

About syncreon

syncreon is a global contract logistics and supply chain management company that uses its asset-light business model to provide specialized transportation, inbound, outbound, and fulfillment logistics services. These services are fully integrated into their customers' supply chain and final end-client delivery. syncreon is the name given to the new merged company, following Walsh Western International's acquisition of TDS Logistics in March 2007. syncreon is a global business with its operational HQ in Auburn Hills, MI. syncreon has activities in 20 countries, with over 50 facilities and approximately 9,000 employees. syncreon is owned by Irish businessmen Michael & Brian Enright and New York based private equity firm, GenNx360 Capital Partners. For more information please visit, www.syncreon.com.

About NAL Worldwide Holdings

NAL is a third-party logistics (3PL) and supply chain services company. NAL designs and implements supply chain solutions for companies in the communications, high-technology, healthcare, and retail industries. It offers life cycle management, configuration/postponement, event driven fulfillment, regional warehousing and distribution, and transportation management solutions. For more information please visit, www.nalworldwide.com.

About GenNx360 Capital Partners

GenNx360 Capital Partners is committed to delivering superior returns to investors in all its portfolio companies. The firm acquires companies with proven and sustainable business models in expanding industries and implements the required operating changes to deliver cost efficiencies and accelerated growth opportunities. The firm's proven business methodology is based on more than 100 years of partner experience successfully running global businesses. For more information please visit, www.gennx360.com. GenNx360 has been an investor in syncreon since March 2009.

SOURCE syncreon


'/>"/>
SOURCE syncreon
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Chand Investment Group Acquires AskTheDoctor.com
2. The Ensign Group Acquires Arizona Skilled Nursing Facility
3. The Ensign Group Acquires Three Texas Skilled Nursing Facilities
4. TeamHealth Acquires Emergency Physicians of Naples, LLC
5. Xybion Acquires Amadeus, a Leader in Governance, Risk, Compliance and Quality Management (GRC) Solutions
6. NIP Acquires San Diego Executive Benefits Firm
7. Monogram Energy, Inc. Acquires Triad Therapeutics, Inc.
8. IPC The Hospitalist Company Acquires Two New England Practices
9. AMD Global Telemedicine, Inc. Acquires Distribution Rights for AFHCAN's tConsult Telehealth Systems
10. Bioniche Pharma Acquires Duraclon(R) (clonidine hydrochloride injection) and Methadone Hydrochloride Injection USP
11. Natural Nutrition Acquires App Tech Global, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Apple ... care services, staged a mock evacuation of the facility as part of a disaster ... Fire Department, Echo Hose EMS and Shelton City Emergency Manager, as well as the ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Global Healthcare Management’s ... Alexandria Park in Milford, NJ. This free event, sponsored by Global Healthcare Management’s ... The fun run is geared towards children of all ages; it is a ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the ... danger possible to save lost souls in the Philippines. “The Journey: From the Mountains ... a dedicated teacher of the Bible. She has taught all ages and currently teaches ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and ... plans to open a flagship location in Covington, LA at 401 N. U.S. Highway ... store next to Office Depot in the Holiday Square shopping center. Its location allows ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... -- NDS received FDA 510(k) clearance in May 2017 for its highly ... designed for endoscopy environments. An innovative secondary monitor solution, ZeroWire ... support the improvement of patient outcomes, procedural efficiency, and the lowering ... ... ...
(Date:10/4/2017)... 4, 2017  South Korean-based healthcare product Development Company ... "cprCUBE" on Kickstarter. The device will educate the user ... with better efficiency compared to the dated and pricey ... on efficacy of the compression for a more informed ... goal to raise $5,000. ...
(Date:10/2/2017)... 2017  Eli Lilly and Company (NYSE: ... third quarter of 2017 on Tuesday, October 24, 2017. ... day with the investment community and media to further ... call will begin at 9 a.m. Eastern time. Investors, ... webcast of the conference call through a link that ...
Breaking Medicine Technology: