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Seko Logistics announced the acquisition of Pixior, a 3PL and fulfilment services provider based in Commerce, California, yesterday.
With seven locations along the US west coast, and one in Connecticut, Pixior has become one of the region’s major e-commerce fulfilment and retail services providers, with an emphasis on serving high-end fashion brands.
Seko said the acquisition of Pixior would bring key e-commerce capabilities in-house in the critical west coast market, nearly doubles Seko’s fulfilment and warehouse space in the US overall and triples its west coast capacity.
In addition, Seko said, Pixior’s drayage business would increase further the speed and efficiency of its port discharge services.
James Gagne, CEO of Seko Logistics (pictured above) said: “With the acquisition of Pixior, we crystalise our industry leadership in end-to-end logistics solutions and take a significant leap forward in our fulfilment capabilities in the US.
“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. The Pixior team has demonstrated its clear ability to execute outstanding service, quickly develop new space and onboard clients in highly constricted markets.”
He said Seko’s strong global presence would, in turn, expand Pixior’s offerings, providing its clients access to “technology and compliance-led value-added freight forwarding capabilities, especially for Asia-US tradelanes, fulfilment capabilities in key European and Asia Pacific markets to support international expansion strategies and personalised last-mile e-commerce transport services”.
Yassine Amallal, CEO of Pixior, added: “Pixior has grown substantially since the company was founded more than 20 years ago. To continue our growth, we needed a partner with the right expertise to accelerate and expand what we’ve been able to achieve. Seko is the right partner. We admire tits global reputation of being a no-nonsense, hands-on and reliable provider of first-class logistics solutions. With its global operations, there is no limit to our customers’ growth potential.”
Following the sale, Mr Amallal will remain CEO of the business unit, which will ultimately be renamed Seko Ecommerce Fulfilment.
The financial terms of the transaction were not disclosed.