International Logistics Group (ILG) has announced the acquisition of Global Freight Solutions (GFS) as part of its continued growth plans.
According to ILG, the acquisition of GFS will equip it with “best-in-class delivery technology to enrich our fulfilment and delivery propositions”.
Mike Stephenson, ILG chairman, commented, “This new and exciting acquisition gives us the advantage of GFS’s best-in-class multi-carrier technology and services to greatly differentiate ILG’s offering to our fulfilment and delivery clients, and powers our expansion in the UK and international markets.”
GFS works with some of the UK’s top high street brands, offering a single point of access to over 1,000 shipping lanes across more than 220 countries. Founded over 20 years ago, GFS provides e-commerce businesses with automated multi-carrier shipping, from checkout to doorstep and back again. Its advanced multi-carrier Enterprise Carrier Management (ECM) technology enhances customer experience by offering a greater choice of delivery options, sophisticated tracking and user-friendly returns. These features boost checkout conversion, reduce cart abandonment and increase repeat-purchase.
ILG said in a statement that the two companies will continue to operate as independent businesses in the short-term, but “as we draw closer together, we will soon be offering our customers the unique benefits of GFS’s delivery technology”.