Nationwide Purchases Cantrex
Nationwide Marketing Group announced Tuesday that it has agreed to purchase Canadian buying group Cantrex. The latter group, the companies said, consists of 1200 storefronts producing annual sales approaching $2 billion.
“Both Nationwide and Cantrex bring assets to the relationship that will be leveraged to benefit the members of both groups," Nationwide COO Les Kirk said as part of the announcement. "The synergy between these two companies is incredible and we were immediately impressed with their leadership team. We expect a fairly seamless transition and look forward to continued growth for our members, vendor partners and our organization.”