Yusen Logistics UK acquires e-commerce delivery and fulfilment specialist, ILG
Aug 02, 2018: Global logistics services provider Yusen Logistics’ UK division has acquired e-commerce delivery and fulfilment specialist ILG. Established in 1990, ILG is a fast-growing market leader in ecommerce warehousing, fulfilment and delivery, with an added specific expertise in the fashion and beauty verticals.
This acquisition that was completed on August 1, 2018, is a direct response from Yusen Logistics UK to changing market behavior. Also, Yusen anticipates that the deal will result in a 12 percent revenue growth for them pushing them towards being one of the UK’s top 10 logistics providers.
Yusen Logistics provides full end-to-end international supply chain services which will now give ILG and its customers additional expertise in customs brokerage, cross-border logistics, and access to a further 82 locations with 7 million square feet of warehousing across Europe.
No changes to the current ILG management team are expected, and it is very much ‘business as usual’ for all ILG customers, mentioned Yusen through a statement.
This strategic alliance connects Yusen’s services with ILG’s specialist knowledge, people and infrastructure to deliver full end-to-end B2B and B2C supply chain solutions to an industry high standard. By placing the customers’ requirements at the centre of the operation, with tailored solutions to safeguard and protect products at every stage of the ecommerce process, ILG and Yusen Logistics will seek to make the seamless fulfilment and delivery an integral part and extension of the customer’s brand deliverable.
Andy Fitt, managing director of Yusen Logistics UK, commented: “This acquisition reinforces our commitment to continued investment in the UK and we’re delighted to be joining forces with ILG. Our businesses complement each other perfectly and together we bring a new and compelling proposition to the market.”