Liberty International, Inc. is proud to announce that it has joined Janel Group, a New York based global provider of integrated logistics solutions with offices throughout the U.S. (New York, Edison (NJ), Philadelphia, Chicago, Los Angeles, and Atlanta) and the Far East (Hong Kong, Shanghai, and Shenzhen). As an independently operating division of The Janel Group, Liberty will provide more value to our customers and position our team to more effectively compete and grow our company over the long term.
"This transaction delivers terrific value to our customers and vendor partners and is an endorsement of the tremendous success our team has enjoyed throughout the past 33 years," commented Nick Cioe, Chairman and Partner at Liberty. "We look forward to bringing our team's experience and knowledge to the Janel organization and believe this is the right direction for Liberty's long-term strategy. We look forward to leveraging Janel's resources to the advantage of our customers and staff," said Ken Charnley, President and Partner at Liberty.
The Janel and Liberty teams will collaborate closely as we enter our next chapter of growth. Together, we'll leverage synergies, such as our common IT systems, web portal and personalized approach to service, to enhance our product offerings. Through the combined experience of our teams, we'll ensure our clients continue to receive best in class service and long-term value from our logistics solutions.
Liberty will continue to function as an independent business unit headquartered in Pawtucket, RI. Our organization will be led by Karen Kenney, a 30 year employee of Liberty, in her new role as President. Karen, Nick and Ken - who will continue to work at Liberty in their current sales & finance roles - and the entire team at Liberty are excited about the resources and innovation the Janel Group brings to our organization and we're proud of the tremendous job we've done to deliver outstanding service to our customers for the past 33 years.
Brendan Killackey, President of Janel Group, added "Liberty has all of the ingredients that Janel looks for in a new division. Liberty has a strong, recognized brand, a track record of success and a reputation for delivering high quality service while building long term value for its customers. We are excited about our partnership with the Liberty team."
Following the closing of the transaction, the Janel Group will employ approximately 108 employees, increase its footprint to 11 US and global locations and generate approximately $82MM per year in gross revenues.
About Liberty International, Inc.
Liberty International is a leading provider of personalized, customized, global integrated logistics solutions. Liberty provides value-added service as a catalyst to help customers work better. We are a single source for our customers' supply chain needs delivered through world class technology including web based tracking and purchase order management systems. Liberty delivers best in class service and competitive pricing.
About Janel Group, Inc.
Janel Group is building America's next best-in-class global logistics services company. With offices in New York, Newark, Philadelphia, Chicago, Los Angeles, Providence, Boston and Atlanta Each Janel office is managed independently. Janel Group was established in New York City in 1974 as a full-service company focused on providing an exceptional customer experience. Over 41 years later, Janel has mastered the supply chain services necessary to make our clients more competitive in today's global market.