Kenco Logistics Acquisition of Drexel Industries 3PL Warehouses
London, Ontario, Canada
Kenco Logistics acquired Drexel Industries' 3PL business in May 2025, adding four modern warehouses in London, Ontario to its North American network. These multi-client distribution centers are strategically located equidistant from Toronto, Detroit, and Buffalo, enabling efficient cross-border logistics and flexible operations. The facilities offer advanced co-packing, fulfillment, and reverse logistics services, supporting both B2B and B2C supply chains. The acquisition strengthens Kenco’s Canadian footprint and positions the properties as a key logistics hub in the region.