Yusen Logistics as acquired e-commerce delivery and fulfilment company ILG (International Logistics Group).
Yusen expects a 12 per cent growth in revenue as result. The acquisition will connect Yusen’s services with ILG’s specialist knowledge, people and infrastructure as both companies will aim to make seamless fulfilment and delivery an integral part and extension of their brands.
Yusen managing director Andy Fit said: “This acquisition reinforces our commitment to continued investment in the UK and we’re delighted to be joining forces with ILG. Our businesses complement each other perfectly and together we bring a new and compelling proposition to the market.”
“Partnering with Yusen Logistics represents a huge opportunity for our customers and our people. Going forward, our customers will see new, enhanced services as well as the familiar high standards of care they’ve come to expect from us,” said ILG managing director Mike Stephenson.