The UK division of global logistics provider Yusen Logistics has announced its acquisition of eCommerce delivery and fulfilment specialist ILG.
It is anticipated that the acquisition which completed on the 1st August 2018 will result in a 12 per cent revenue growth for Yusen Logistics pushing them towards being one of the UK’s top 10 logistics providers.
Established in 1990, ILG provides eCommerce warehousing, fulfilment and delivery, with specific expertise in the fashion and beauty verticals. It now operates in over 175,000 square feet of warehousing, with over 220 employees serving more than 700 clients worldwide.
Yusen Logistics UK’s expansion is a direct response to changing market behaviour. 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.
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.”