Yusen Logistics buys e-commerce specialist ILG
The UK division of Yusen Logistic has bought the e-commerce delivery and fulfilment specialist ILG.
Established in 1990, ILG is involved in e-commerce warehousing, fulfilment and delivery, with a specific expertise in the fashion and beauty verticals.
In a statement issued today (2 August), Yusen Logistics said that it anticipates that the acquisition of ILG will result in a 12% revenue growth for Yusen Logistics, “pushing them towards being one of the UK’s top 10 logistics providers”.
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.”
ILG Managing Director, Mike Stephenson, added: “Partnering with Yusen Logistics represents a huge opportunity for our customers and our people. Going forward, our customers will see new, enhanced services as well as the familiar high standards of care they’ve come to expect from us.”
Yusen Logistics said that no changes to the current ILG management team are expected, and it is “very much ‘business as usual’ for all ILG customers”.