Stord Acquires ProPack, Doubling Facilities and Enabling Two-Day Shipping Across North America

October 22, 2024
Stord Acquires ProPack, Doubling Facilities and Enabling Two-Day Shipping Across North America
  • This 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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