Announced
Completed
Financials
Tags
Single Bidder
Majority
gateway logistics
Private
Acquisition
warehousing
Express Courier / Parcels
Friendly
United States
Domestic
Completed
Synopsis
Ryder System, a supply chain, fleet management and logistics solutions provider, completed the acquisition of Whiplash, a provider of omnichannel fulfillment and logistics services, for $480m. “The acquisition of Whiplash is consistent with our strategy to accelerate growth in our higher-return supply chain business. It also expands our e-commerce and omnichannel fulfillment network and reflects our continued focus on technology and innovation," Robert Sanchez, Ryder Chairman and CEO.
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