Stord takes over fulfilment provider
Stord is expanding its portfolio and complementing its supply chain expertise with the acquisition of Propack Logistics, a fulfilment service provider.
Stord will now operate 148,645 sqm of fulfilment centres in ten markets, shipping over 25 million DTC and B2B orders annually. These include Propack’s established sites in different locations in the USA and Canada.
Adding to Stord's existing network of centres in the Southern and Southwestern US, Propack’s temperature-controlled hubs will enable efficient fulfilment and product deliveries.
“This acquisition accelerates Stord’s revenue and volume scale and strengthens its position as a major North American e-commerce and fulfilment platform,” says Sean Henry, Co-Founder and CEO of Stord. (mk)