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On April 5, 2024, Stord announced the acquisition of ProPack Logistics (“ProPack”), a provider of fulfillment services. The terms of the acquisition were not disclosed.
ProPack has established itself as a trusted partner for world-class multichannel fulfillment, last-mile shipping, and value-added and reverse logistics services.
Stord is a leading provider of omnichannel fulfillment services and technology—including fulfillment, warehousing, and transportation, complemented by OMS and WMS software—for high-volume mid-market and enterprise brands.
Miller Thomson acted as Canadian counsel to Stord with a team led by Jaclyne Reive and Louis Amato-Gauci (M&A; Transportation & Logistics) and comprised of Ellen Kim, Brandon Gill (Corporate/M&A), Ron Choudhury (Tax), Karen Durell (IP/IT), Ashley Mitchell, David Tsai (Labour & Employment), Jean Leonard, Sharon MacMillan (Real Estate), Hugh Wright (Benefits), Tamara Farber (Environment), Hayley Coulter, Michelle Chan, Verna Holmes (Paralegals), Sandra Wright and Eugene Yeung (Students).
Parties
Company
Stord
Company
ProPack Logistics
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
05 April 2024