Stord Acquires ProPack, Doubling Facilities and Enabling Two-Day Shipping Across North America
October 22, 2024This acquisition enables Stord to provide two-day shipping for most customers, leveraging a network of over 1,000 partner warehouse facilities.
In April 2023, Stord acquired ProPack Logistics, significantly strengthening its position in the logistics sector.
CEO Sean Henry highlighted the alignment of goals between Stord and ProPack, particularly regarding customer focus and strategic location synergies.
The transition from ProPack to Stord was seamless, with no service disruptions and a strong cultural fit between the teams.
As a result of the acquisition, Stord has doubled its self-operated facilities from five to eleven across the U.S. and Canada.
Henry noted that ProPack's fulfillment centers are essential for Stord's planned expansion into key markets.
Additionally, the Deals of the Year Awards event is scheduled for October 24, 2023, highlighting significant achievements in the industry.
Summary based on 1 source
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Source
Atlanta Business Chronicle • Oct 21, 2024
Stord acquires six warehouses through ProPack Logistics deal - Atlanta Business Chronicle