- Ryder System ( NYSE: R ) has acquired omnichannel fulfillment and distribution services provider, Dotcom Distribution.
- Financial terms of the deal were not disclosed.
- The acquisition further bolsters Ryder's ( R ) e-commerce solution for B2B and B2C brands in high-value verticals including health, beauty and cosmetics, and fashion and apparel. The deal adds a 400,000 sq ft multiclient fulfillment facility in Edison, New Jersey to Ryder's e-fulfillment network.
- Additionally, Dotcom Distribution’s leadership team, including founder and CEO Maria Haggerty, and the company’s operations team, totaling approximately 100 full-time employees, will join Ryder ( R ).
For further details see:
Ryder System acquires Dotcom Distribution