Four Winds Enterprises, a privately held, San...
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Four Winds Enterprises, a privately held, San Diego-based transportation services firm has agreed to be acquired for an undisclosed sum by NFC International Holdings. Four Winds failed to complete a previously announced sale to Myers Group Inc., a large, New York-based custom-brokerage and freight company.
NFC is owned by National Freight Corp., a British freight distribution, transportation and storage company that reported $1.5 billion in 1986 revenue.
Four Winds, whose sales totaled more than $100 million in 1986, will be “integrated and interfaced with NFC’s Pickfords World Wide Moving Services,” according to Ted Wall, managing director of NFC International. Four Winds officials offered no explanation for the collapse of the Myers Group deal announced last September.
The combination of Four Winds and NFC’s Pickfords operation will create a “stronger company, with increased employment and growth prospects,” according to Four Winds owner and chairman Richard W. Arendsee.
Four Winds has about 150 employees in San Diego and about 350 employees elsewhere in the U.S. The company provides household moving.
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