Done deals: January 20, 2022
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Kinetic GPO & Amazon Business Canada
Kinetic GPO, a cooperative purchasing organization that services Canadian public sector and nonprofit organizations, has entered into a three-year contract with Amazon Business Canada. The agreement allows Kinetic GPO’s members across Canada access to shipping on hundreds of millions of products across categories like office, IT, janitorial, food service and professional medical supplies. Amazon Business helps public entities allocate more of their spending to small, diverse and local sellers.
Exotech & Goldman Sachs Asset Management
Warehouse robotics provider Exotec has received US$335 million in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. Exotec will use the funds to launch large-scale deployments in North America, Europe, and Asia for global brands. The company also plans to hire 500 new R&D engineers by 2025.
RoadOne & EHS
RoadOne IntermodaLogistics has bought EHS Trucking and EHS Truck & Trailer. The companies will be known as EHS LogisticSolutions. EHS is a full-service trucking company, with 235 drivers, based in the Detroit suburb of Brownstown Township, Michigan and has a number of major automotive manufacturer clients, such as Ford, GM and Stellantis. EHS provides dedicated truckload services for the Midwest region, Michigan, Indiana, and Ohio. EHS has over 1,000 trailers. EHS Truck & Trailer, also located in Brownstown, services all makes and models of medium and heavy-duty diesel engine vehicles, and maintains EHS’s equipment and owner-operator trucks.
FourKites & NIC GmbH
FourKites has acquired European supply chain visibility provider NIC GmbH (NIC-place). The combined over-the-road, rail and ocean carrier networks of FourKites and NIC-place will create the largest multimodal carrier network in Europe.
Bastian Solutions & Caja
Bastian Solutions will begin integrating products from Caja Robotics in the USA. Caja has two robots: a lift robot and a cart robot, that move bins between workstations and the inventory, to optimize inventory management.
CEVA Logistics & About You
CEVA Logistics has won a five-year contract with About You, one of Europe’s fastest-growing fashion sellers. CEVA will manage a new 40,000-square-metre fulfillment operation in Wroclaw-Magnice, Poland. Approximately 1,000 employees are currently being recruited and trained to support the warehouse’s 24-hour operations.
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