Stellex completed the acquisition of Weber Distribution.

Stellex Capital, a private equity firm, completed the acquisition of Weber Distribution, a third-party logistics service provider. Financial terms were not disclosed. "Weber operates as a key stakeholder in its clients’ success. By prioritizing a partner-oriented model, the company is better positioned to shoulder the burden of an increasingly complex supply chain on behalf of its customers. Weber’s strengths as a logistics provider – a strong management team, a track record of profitable growth, deep-rooted customer relationships, and a culture of integrity and service at every level of the organization – further compelled our decision to invest. This is a success formula which is scalable and management has our full support to execute on their vision,' Trey Lee, Stellex Principal.