SEKO Logistics (SEKO) is looking to expand its e-commerce presence with the acquisition of 3PL and fulfilment services Pixior, LLC. (Pixior), based in Commerce, CA.
SEKO noted that with seven locations along the West Coast and one location in Connecticut, Pixior has become the region's premier provider of e-commerce fulfilment and retail services, with an emphasis on serving high-end fashion brands.
"The acquisition of Pixior brings key e-commerce capabilities in-house to SEKO in the critical West Coast market," the global end-to-end logistics provider said, adding that these capabilities include high-touch value-added fulfilment services.
SEKO fulfilment, warehouse expansion
SEKO said this acquisition also nearly doubles SEKO's fulfilment and warehouse space in the US and triples SEKO’s existing West Coast space capacity.
In addition, SEKO adds Pixior's drayage business to increase further the speed and efficiency of its port discharge services.
"With the acquisition of Pixior, we crystallize our industry leadership in end-to-end logistics solutions and take a significant leap forward in our fulfilment capabilities in the US," said James Gagne, CEO of SEKO Logistics.
"We are operating on a strong growth trajectory and looking for opportunities that allow the company to continue to move at the speed of commerce from anywhere in the world."
Yassine Amallal, CEO of Pixior, noted that SEKO is the "right partner" for the company's expansion.
"Pixior has grown substantially since the company was founded more than 20 years ago. To continue our growth, we needed a partner with the right capabilities and expertise to accelerate and expand what we've been able to achieve. SEKO is the right partner," Amallal added.
"We admire the company's global reputation of being a no-nonsense, hands-on, and reliable provider of first-class logistics solutions, just like us. Plus, with their global operations, there is no limit to our customers' growth potential."
SEKO noted that following the sale, Amallal remains as CEO of the business unit, which will ultimately be renamed SEKO E-commerce Fulfillment.
The financial terms of the transaction were not disclosed.
