M&A Deal Summary

Source Logistics Acquires LaGrou Distribution - Warehousing Business

On March 5, 2025, Source Logistics acquired distribution company LaGrou Distribution - Warehousing Business from LaGrou Distribution

Acquisition Highlights
  • This is Source Logistics’ 1st transaction in the Distribution sector.
  • This is Source Logistics’ 3rd transaction in the United States.
  • This is Source Logistics’ 1st transaction in Illinois.

M&A Deal Summary

Date 2025-03-05
Target LaGrou Distribution - Warehousing Business
Sector Distribution
Buyer(s) Source Logistics
Sellers(s) LaGrou Distribution
Deal Type Divestiture

Target

LaGrou Distribution - Warehousing Business

Des Plaines, Illinois, United States
LaGrou Distribution's Warehousing Business offers storage solutions. LaGrou Distribution's Warehousing Business is based in Des Plaines, Illinois.

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Buyer(S) 1

Buyer

Source Logistics

Montebello, California, United States

Category Company
Founded 1999
Sector Transportation
DESCRIPTION

Source Logistics is a provider of value-added warehousing, distribution and fulfillment third-party logistics (3PL) services. Source Logistics was founded in 1999 and is based in Montebello, California.


DEAL STATS #
Overall 3 of 3
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Tamarind International

Hobe Sound, Florida, United States

Tamarind International, Inc. is a provider of shipping services throughout the Caribbean. Tamarind International is based in Hobe Sound, Florida.

Buy -

Seller(S) 1

SELLER

LaGrou Distribution

Des Plaines, Illinois, United States

Category Company
Founded 1964
Sector Distribution
DESCRIPTION

LaGrou Distribution provides warehousing, rail access, cross dock services, bar code labeling, and intermodal drayage services. LaGrou Distribution was founded in 1964 and is based in Des Plaines, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1