L.V. Lomas buys Hacrima Holdings

In a move designed to improve supply chain efficiency, specialty chemical supplier L. V. Lomas Limited has purchased Hacrima Holdings Inc. and its subsidiaries Primex Customs and Logistics Inc., Primex Packaging Services Limited, and R.V. Storage and Assembly Co. Limited.

The acquisition was completed on September 3, 2010. Terms of the deal have not been disclosed.

Mississauga, Ont.-based Hacrima Holdings and the subsidiary companies will be amalgamated with the third party logistics business of L. V. Lomas Limited, which operates under the name of Lomas Logistics.

“The combination of Lomas Logistics and Hacrima will result in an organization focused on providing exceptional customer service and value, as well as a variety of new and innovative supply chain and third party solutions,” L.V. Lomas said in a press release.

Headquartered in Brampton, Ont., Lomas Logistics has additional offices in Montreal and Vancouver.