ODW Logistics, Inc. (Columbus, Ohio) has acquired The Olson Company, Waukesha, Wis. The Olson Company has facilities in Illinois, California, Indiana and Wisconsin. ODW Logistics, Inc. will acquire all logistics related assets of the company. The Olson Company has annual sales of $15 million and 120 employees on its existing campuses. Price of the acquisition was not given.
“This acquisition provides ODW a tremendous opportunity to expand our geographic reach for customers,” said John Ness, president, ODW Logistics, Inc. “In addition, the larger network will create greater efficiencies within the ODW system and provide a great strategic platform for growth.”
The acquisition comes as a result of ODW’s strategic plan to add key markets to support existing customer needs while at the same time providing national distribution points of coverage to compete in the 3PL landscape.
“We are a progressive, innovative and principled company that has built a strong reputation for providing excellent services to our customers,” said John Schlump, president and CEO, The Olson Company. “By becoming part of a company that shares the same culture and the same commitment to customer service we have enhanced our ability to deliver outstanding logistics services.”
ODW Logistics, Inc. is a multi-regional third-party logistics provider with a primary campus in Columbus, Ohio and several distribution points located throughout the country in Indianapolis, Chicago, Milwaukee and Los Angeles. With more than 700 employees and over three million square feet of warehouse space, ODW provides unparalleled distribution, fulfillment, import logistics, yard management, and automotive support services.
Source: ODW Logistics
