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Fenway acquires East Coast Warehouse & Distribution

Published Tuesday, December 11, 2007

Fenway Partners has announced it has acquired a majority interest in East Coast Warehouse & Distribution Corp., including Safeway Trucking Corporation. The acquisition was done through Refrigerated Holdings Inc., Fenway’s platform for temperature-controlled logistics sector investments. Financial terms were not disclosed. East Coast, a third-party provider of temperature-controlled warehousing and logistics services, is Fenway’s 26th transportation and logistics acquisition. The company will become a part of Refrigerated Holdings, joining Gemini Traffic Sales, acquired by Fenway in February 2007. Robert J. Adams, previously Gemini president, was named president and CEO of Refrigerated Holdings. “East Coast is an exciting addition ...

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