Ryder to acquire Whiplash for $480 million

Ryder System, Inc. agreed to acquire Whiplash, an ecommerce and omnichannel fulfillment provider, for $480 million. The deal will expand Ryder's footprint to include Whiplash's 19 warehouses totaling nearly seven million square feet.

“$480 million deal will expand Ryder’s footprint to include Whiplash's 19 dedicated and multi-client warehouses totaling nearly seven million square feet providing access to key port operations and gateway markets.”mmh.com

• 1 source
• mmh.comMaterial Handling News and Resources on Modern Materials HandlingDec 13, 2021

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