Congebec Logistics is a Quebec City, Quebec based company that provides cold and multi-temperature storage, warehousing and distribution services. It is the second largest refrigerated logistics services provider in Canada. Congebec is considered the 11th largest refrigerated storage company in North America and 18th largest in the world by the International Association of Refrigerated Warehouses (IARW).
At present, the company has twelve temperature-controlled facilities across Canada in Boucherville, Sainte-Julie, Montreal, Quebec City, Toronto, Winnipeg, Saskatoon and Calgary with a total of 48.35 million cubic feet (1,400,000 m3) of refrigerated and frozen space. In addition to offering multi-temperature storage and packing services, Congebec also offer logistics and transportation services to its customers.
History
Congebec was founded in 1974 by Laurier Pedneault following the acquisition of a warehouse on Dalhousie street, in close proximity to Quebec City’s old port. In 1997 Congebec purchased its first warehouse in the Montreal region.
In 2004, Congebec purchased the Centre Frigorifique Montérégie, which is now referred to as Sainte-Julie warehouse. In doing so, Congebec also purchased CFM logistics that now is Congebec’s transport division. After the acquisition, Congebec became the largest refrigerated warehouse company in Quebec and second largest in Canada. In 2006, the Boucherville warehouse was considerably expanded.
A seventh warehouse was built in Manseau in autumn 2008. This warehouse is almost entirely dedicated to the cranberry industry.
In 2011, Congebec entered the Toronto market with the opening of an 8th refrigerated warehouse strategically located near Pearson Airport, with more than three million cubic feet.
In 2013, Congebec conducted its largest expansion in history by acquiring four Westco Multitemp warehouses located in Calgary, Saskatoon and Winnipeg, which gave Congebec a total of more than 48.3 million cubic feet.
In 2015, Capital régional et coopératif Desjardins (CRCD), a retail fund managed by Canadian private equity firm Desjardins Capital de risque, led an undisclosed investment in Congebec Logistic Inc. The deal was also backed by Fondaction CSN and Investissement Québec and supported the transfer of management of Congebec Logistic from its founder, Laurier Pedneault, to his son, Nicholas-P Pedneault. As a result of the transaction, CRCD, an existing investor in the company, became the majority shareholder.