GXO to acquire PFSweb for $181m in enterprise value

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PRESS RELEASE

Greenwich, USA  |  September 14, 2023

– Acquisition of leading U.S.-based eCommerce order fulfillment platform expands GXO’s presence in North America, increases exposure to compelling, high-growth verticals and adds key service capabilities.

– Transaction expected to close in fourth quarter 2023.

GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, and PFSweb, Inc. (Nasdaq: PFSW), a premier, tech-enabled eCommerce order fulfillment platform based in the United States, today announced they have ...