Stord completes acquisition of Shipwire, expanding global fulfillment network

Stord has completed its acquisition of Shipwire, a subsidiary of CEVA Logistics, strengthening its global fulfillment footprint and technology capabilities.

The deal, which closed Jan. 1, adds 12 fulfillment locations to Stord’s network and expands its presence in the EU and U.K., while maintaining access to CEVA Logistics’ global warehouse network through Shipwire’s existing agreements. CEVA manages more than 120 million square feet of contract logistics warehouse space worldwide.

Shipwire’s technology division was also acquired, adding proprietary B2B integrations and artificial intelligence capabilities to Stord’s order management system. Shipwire’s AI-enabled platform is connected to more than 200 e-commerce shopping carts, marketplaces and ERP systems and will be integrated into Stord’s ecosystem as part of its broader AI strategy.

“Joining forces with Stord is a decisive move that accelerates our logistics technology and intelligent supply chain vision,” said Marcelo Wesseler, CEO of Shipwire. “Our customers, technology and proprietary AI applications, fit perfectly with Stord’s existing customer base and impressive suite of software offerings. I look forward to a bright future for both the Shipwire teams and customers under Stord’s stewardship.”

Founded in 2006, Shipwire built its business providing global warehousing, shipping and fulfillment services to small and fast-growing e-commerce brands, later expanding into full-service fulfillment for larger and bulkier products. The company was acquired by Ingram Micro in 2011 and later became part of CEVA Logistics in 2022.

Stord said the acquisition will give its customers improved global reach, while Shipwire customers will benefit from accelerated AI software development across order management, warehouse management and delivery systems, as well as access to Stord’s parcel pricing and consumer experience tools.

“By acquiring Shipwire, Stord is even better positioned to help brands of all sizes deliver unparalleled consumer experiences on every order, every time, anywhere in the world,” said Sean Henry, CEO and co-founder of Stord. “This unification brings together two of the most accomplished technological companies in the fulfillment space and will set Stord to be the dominant AI-leader as brands race to find and implement the technology they will need to stay competitive. I am elated to welcome both the teams and the customers to Stord and look forward to accomplishing amazing things together.”

The Shipwire acquisition follows Stord’s previous integrations of Fulfillment Works, ProPack, Pitney Bowes E-Commerce Fulfillment and Ware2Go, as the company continues to expand its fulfillment network and e-commerce technology offerings.