NewsGXO to acquire PFSweb for $181m in enterprise value

September 14, 2023by 0

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 entered into a …

The post GXO to acquire PFSweb for $181m in enterprise value appeared first on The Loadstar.

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