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Contac Gets New Owners

 

Go Direct Supply Chain Solutions Inc. has acquired Contac Services Inc. and all related assets of its Onewurld distribution business. Contac Services was operating for over 35 years, providing distribution and marketing fulfillment to various industries throughout North America.

Go Direct, which is owned by Calgary based Norrep Credit Opportunities Fund LP (managed by Crown Capital Partners Inc.), will take over ownership effective immediately without any disruptions or delay to clients.  Go Direct will continue to operate out of their existing facilities in Mississauga and Delta and all current employees will be retained by the new organization.

Mark Lorne, previously EVP of Contac Services has been appointed Chief Executive Officer and will oversee operations going forward.

Lorne stated, “We’re all excited about the new opportunities this acquisition has opened up for us.  Most importantly, I want to sincerely thank all of our customers who have been so patient, understanding and supportive during this time of transition.”

Go to http://www.godirectsolutions.com for more.

 

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