Eddie Stobart Logistics plc is pleased to announce its acquisition of iForce
On 27th April 2017 Eddie Stobart acquired e-fulfilment company iForce.
Eddie Stobart purchased iForce as it viewed the company as being strategically complementary to its existing services – in particular, in providing ESL with access to industry-leading software and operational capabilities in retail e-commerce, a sector that continues to enjoy market-leading growth. Eddie Stobart was also impressed by the growth in scale of iForce over the preceding three years.
iForce is now part of Eddie Stobart – one of the largest logistics company in the UK – and the two companies have a combined turnover of well over £600m per annum. iForce continues to operate as a separate division of Eddie Stobart under the control of its existing management.
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