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Stord completes acquisition of ProPack Logistics to expand fulfillment network for omnichannel brands

PRIVATEApr 05, 2024

Acquiring Company

Stord

Acquired Company

ProPack Logistics

AtlantaBlaineOtherInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareTransportationLogisticsSupply Chain ManagementDietary Supplements

Description

Stord has strategically acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. This acquisition accelerates Stord’s revenue and volume scale, and cements its position as a leading North American eCommerce and fulfillment platform.

Other recent acquisitions in Commerce and Shopping and Financial Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Stord

Location

817 W Peachtree St. NW

Atlanta, Georgia, United States

About

Stord is the leading commerce enablement platform that powers seamless checkout and delivery experiences for brands across all channels. Stord partners with hundreds of brands to grow revenue, reduce operational expenses, and delight shoppers – Stord manages over $5B+ of commerce annually. With Stord, brands can increase cart conversion, improve unit economics, and drive customer loyalty. Stord’s end-to-end commerce solutions combine best-in-class omnichannel fulfillment and shipping with leading technology to ensure fast shipping, reliable delivery promises, easy access to more channels, and improved margins on every order.

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Frequently asked

Who acquired ProPack Logistics?

ProPack Logistics was acquired by Stord, based in Atlanta. The deal was reported on April 5, 2024. Stord is the leading commerce enablement platform that powers seamless checkout and delivery experiences for brands across all channels. Stord is privately held and operates in Other.

When did Stord acquire ProPack Logistics?

Stord's acquisition of ProPack Logistics was reported on April 5, 2024. Stord has strategically acquired ProPack Logistics to expand its fulfillment network throughout the United States and Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ProPack Logistics do?

ProPack Logistics is a provider of fulfillment services for the nutrition and supplement product industry, with six temperature-controlled warehouses across North America. It is privately held, operating in Supply Chain Management, and is based in Blaine.

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