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CANADIAN COMPANY PREPARES FOR NAFTA -- LIVINGSTON GROUP ENTERS BUSINESS ALLIANCE WITH ALMACENADORA BANCOMER OF MEXICO

 CANADIAN COMPANY PREPARES FOR NAFTA -- LIVINGSTON GROUP ENTERS
 BUSINESS ALLIANCE WITH ALMACENADORA BANCOMER OF MEXICO
 TORONTO, Sept. 29 /PRNewswire/ -- Livingston Group Inc., Canada's preeminent logistics and international trade services company, today announced that it has entered into an exclusive business alliance with Almacenadora Bancomer, S.A. de C.V. of Mexico.
 In announcing the signing of the agreement at Livingston's offices in Toronto on Sept. 23, Richard W. Ivey, chairman of Livingston Group, stated:
 "Regardless of the ultimate political fate of the North American Free Trade Agreement, Livingston is convinced that trade among the three nations of North America will increase dramatically in the years to come. Mexico, in particular, will be the catalyst for such growth.
 "Many customers of Livingston and Almacenadora Bancomer recognize the potential and are seeking suppliers with continental capabilities. This alliance will uniquely position Livingston and Almacenadora Bancomer in that regard and enable their customers to extend their markets throughout the continent."
 Livingston is a Canadian-based logistics and international trade services organization with more than 2,500 employees. Through Livingston International, with 120 offices across Canada and the U.S.A. and 12,000 active customers, it is North America's leader in the provision of customs brokerage and trade consulting services to Canadian and U.S. business. Livingston Distribution Centres, with 450,000 square meters in more than 20 distribution facilities from coast to coast in Canada, is the nation's largest provider of public warehousing, contract distribution and transportation management services to Canadian and U.S. business. Livingston Pharmaceutical Distribution, with ten distribution centres in Canada and the United States, is a North American leader in the provision of third party distribution of health care products to hospitals, pharmacies and other health care providers.
 For more than 60 years, Almacenadora Bancomer has offered a variety of logistics and financial services from its bonded warehouse facilities in commercial centers throughout Mexico. It is affiliated with Bancomer, Mexico's largest bank, Fomento Economico Mexicano (or Femsa), Mexico's largest brewer and Coca-Cola bottler, and Valores de Monterrey (or Vamsa), a major Mexican insurance and bonding group.
 -0- 9/29/92
 /NOTE TO EDITORS: A photograph is available of representatives of the Livingston Group and Almacenadora Bancomer signing the agreement. Call contacts below for an interview with a member of the LGI executive or a Livingston Press Kit/
 /CONTACT: Dianne Werbicki of marketing services, Livingston Group, 416-626-2828, 416-620-1556 (fax), 1-800-387-7584 (Canada) or 1-800-387-7582 (USA); or Karl Eichner of Karl Eichner & Associates, 416-447-2265 or 416-447-2265 (fax), for Livingston Group/ CO: Livingston Group Inc.; Almacenadora Bancomer, S.A. de C.V. ST: Ontario IN: FIN SU:


GK -- NY056 -- 4428 09/29/92 13:49 EDT
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Publication:PR Newswire
Date:Sep 29, 1992
Words:443
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