Taylored Fulfillment Services has closed its acquisition of the US operations of Australian logistics company Toll Global Logistics, tripling the company’s footprint.
“[B]y combining Toll’s port-centric operations and Taylored’s e-Commerce fulfillment centers in gateway markets, the acquisition will unlock substantial efficiencies,” said Chairman Jonathan Rosenthal in a prepared statement. “The consolidation will produce a network effect of other streamlined processes.”
For Taylored, which offers omni-channel retail, wholesale and e-Commerce fulfillment, cross-dock and transloading services, value added services and transportation solutions, the acquisition includes over 4.1 million square feet of Tier 1 distribution space.
Toll Global Logistics President Peter Stokes said the sale will allow Toll to focus on our core growth markets across the Asia Pacific region.
Financial terms were not disclosed.
