Wallace & Carey Inc., Loudon Bros Limited and Carey Management

[Jim L]

Wallace & Carey is a fairly large logistics company across Canada providing warehouse, pick and pack, and delivery services has filed for CCAA protection on June 22, 2023. They noted the standard COVID pandemic and inflation issues but they also tagged on issues of driver and labour shortages also being factor.

85Million in trade payables are listed but the trade payable list is not available.

You can read more here:

Wallace & Carey Inc., Loudon Bros Limited, and Carey Management Inc.

www.ksvadvisory.com

 

[theman]

Foodservice actually.

 

[Seth Allen]

Foodservice actually.

More confectionary stuff for convenience stores. At one time they did cigarettes too, not sure if they still do, as well used to do washer fluid oil etc. for gas bars, again not sure if they still do all that its been a dogs age since I worked there.

 

[theman]

I remember many years ago one of my customers had a route regularly delivering to them ... I think it was paper plates, cups or something like this. But a long time ago ...

 

[Grandpa]

More confectionary stuff for convenience stores. At one time they did cigarettes too, not sure if they still do, as well used to do washer fluid oil etc. for gas bars, again not sure if they still do all that its been a dogs age since I worked there.

That's exactly what they did several years ago. My understanding is that their business model hasn't changed.