Ruby Has acquires Boss Logistics as part of its expansion strategy – WWD
As part of its expansion strategy against a backdrop of rapid growth in e-commerce, Ruby announced that it has acquired Boss Logistics. This is Ruby Has’ second acquisition last year.
Terms of the contract are not disclosed. Both companies are located in Louisville, Kentucky. Ruby Has provides “enterprise level brand services direct to consumers” and is positioned in the market as a brand partner that provides a full suite of fulfillment solutions, including same day shipping. , order and inventory management, subscription box services and returns management
Rafael Zakinov, Founder and CEO of Ruby Has, said as the company continues “on a path of rapid organic growth, acquisitions are a key part of our expansion strategy to deliver value, capacity and quality. additional to the achievement of electronic commerce. This acquisition adds to our continued rapid growth and also brings us the specialized capabilities of Boss Logistics in Kentucky. “
The Ruby Has acquisition is part of a growth plan that includes an additional execution facility in Kentucky and doubling the size of its facilities in Las Vegas and Toronto. The company has distribution centers in New York, California, Nevada, New Jersey, Kentucky and Ontario.
Ruby Has’s other acquisition was EasyPost Fulfillment Services, based in Bay Shore, NY Terms of that deal were not disclosed, but the company said in a statement that the acquisition “gives Ruby Has a national footprint. in the United States covering both coasts as well as Midwest and increases the capacity of the company by 25% in addition to its existing capacities in Canada.