ID Logistics completed the acquisition of Jagged Peak for $15m.

ID Logistics, an international contract logistics group, completed the acquisition of Jagged Peak, an end-to-end e-commerce solutions provider, for $15m. "This acquisition represents an exceptional strategic opportunity to extend the Group's geographical footprint to a new continent. Beyond the American market, a country with very strong potential for our activity, this operation demonstrates the confidence and satisfaction of Nespresso, one of our long-standing customers who entrusts us with the management of its logistics flows in the United States," Eric Hémar, ID Logistics Chairman and CEO.