US-based logistics solutions provider, SEKO Logistics, has announced the acquisition of a leading 3PL and fulfilment firm.
By acquiring Pixior, SEKO Logistics is reported to bring key commerce capabilities in-house in the West Coast market.
These capabilities, according to SEKO Logistics, include high-touch value added fulfilment services that provide a customised brand experience to client customers.
The acquisition is reported to nearly double SEKO Logistics’ fulfilment and warehouse space in the US and triples the company’s West Coast space capacity.
SEKO Logistics is also adding Pixior’s drayage business to boost the speed and efficiency of its port discharge services.
“With the acquisition of Pixior, we crystallise our industry leadership in end-to-end logistics solutions and take a significant leap forward in our fulfilment capabilities in the US,” said James Gagne, CEO of SEKO Logistics. “We are operating on a strong growth trajectory and looking for opportunities that allow the company to continue to move at the speed of commerce from anywhere in the world. Yassine and the Pixior team have demonstrated their clear ability to execute outstanding service, quickly develop new space and onboard clients in highly constricted markets. We believe in what they’ve accomplished and are ready to help the company and its clients grow even more.”
SEKO Logistics’ global presence will also expand Pixior’s existing offerings, providing clients of the company access to: technology and compliance led value-added freight forwarding capabilities, especially for Asia-US trade lanes; in-country fulfilment capabilities in key European and Asia; and Pacific markets to support international expansion strategies
personalised last mile e-commerce transportation services.
“Pixior has grown substantially since the company was founded more than 20 years ago,” said Pixior CEO, Yassine Amallal.
“To continue our growth, we needed a partner with the right capabilities and expertise to accelerate and expand what we’ve been able to achieve.
“SEKO is the right partner. We admire the company’s global reputation of being a no-nonsense, hands-on and reliable provider of first-class logistics solutions, just like us. Plus, with their global operations, there is no limit to our customers’ growth potential.”
Following the sale, Amallal remains as CEO of the business unit, which will ultimately be renamed SEKO Ecommerce Fulfillment.
Financial terms of the transaction were not disclosed.