Announced
Completed
Synopsis
Ryder System, a supply chain, dedicated transportation, and fleet management solutions provider, completed the acquisition of Dotcom Distribution, a provider of omnichannel fulfillment and distribution services. Financial terms were not disclosed. “Dotcom Distribution has been doing e-fulfillment since e-commerce was still in its infancy. Maria and her team bring 22 years of knowledge, expertise, and experience in helping customers weather market fluctuations. That’s a big benefit for Ryder. This acquisition also affords us the opportunity to expand our e-fulfillment portfolio in new industry verticals in health, beauty and cosmetics, which is in line with our larger strategy to grow and diversify our portfolio,” Steve Sensing, Ryder President of supply chain solutions.
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