23 April 2019
Heather Stewart, President of BBE Expediting Ltd., is pleased to announce that Kitikmeot Corporation has strengthened its strategic partnership with BBE by acquiring a minority share of the Edmonton based logistics service provider. “Kitikmeot Corporation’s investment in BBE is an exciting evolution of a great partnership”, said Heather Stewart, “we share values that align with our vision as ‘Supply Chain Partner, Networking the World’”.
“We are pleased to build on our partnership with BBE through this investment” added David Omilgoitok, President & CEO of Kitikmeot Corporation. “BBE has earned our trust and respect as a well-managed and nimble organization through our partnership in KBX, a joint venture that provides logistics services to the Kitikmeot Region of Nunavut. BBE’s leadership has demonstrated a clear and focused vision for growth, marketplace diversification and innovation. As well, BBE’s staff have justly earned a great reputation for meeting customer needs and operational excellence.”
“An investment in this exceptional business that has an Arctic presence and a global reach allows us to generate wealth for the Kitikmeot region beyond what we would achieve through regional investment alone,” David continued. “Kitikmeot Corporation’s participation will enhance BBE’s growth opportunities in the Arctic by leveraging our current and future business partnerships and our influence in the northern business community.”
Kitikmeot Corporation and BBE believe that the future of the supply chain industry is based on optimizing technology and partnerships to create networks that enable our customers thrive in the global marketplace. With technologies provided through applications such as goboxshipping.com, BBE continues to grow its network enabling global markets to become increasingly more accessible. Additional Information: BBE Expediting Ltd. is a logistics company that offers vertically integrated supply chain services such as online cargo shipping, aviation ground handling and air cargo services, freight forwarding, supply chain consolidation, procurement and lubricants distribution services. Kitikmeot Corporation is owned by the Kitikmeot Inuit Association, and is the Regional Development Corporation for the Kitikmeot region of Nunavut. Kitikmeot Corporation’s primary purpose is business development. We will achieve our mission by developing and/or acquiring sound profitable and sustainable businesses that will create business and employment opportunities and contribute to the economic, social and cultural wealth of the Kitikmeot region.