NEWS

Kammac acquired by Elanders Group in £100m deal

Published on: 14th December 2023

3PL service provider Kammac says the acquisition will lead to further growth and expansion and makes the UK Elanders’ fourth largest market.

It has been announced that Kammac has been acquired by the Elanders group, a Swedish stock market listed business which offers global supply chain management solutions. Elanders operates in 20+ countries around the world and employs more than 7 000 people.

Elanders’ acquisition of Kammac is in line with its strategy to constantly develop its offering and broaden its customer base. As a result of the acquisition, the UK will become Elanders’ fourth largest market. The UK is also one of Europe’s largest logistics markets.

Kammac has developed a unique 3PL concept which has grown, evolved and improved continuously over several years. Now that Kammac is part of the Elanders group, the services that Kammac offers will support expected further growth.

One of Kammac’s competitive edges, cited by Elanders, is that the start-up time for new customers is only 1-2 weeks. Kammac is also well positioned to support businesses across a number of sectors. Several of its warehouses offer services such as customs bond, helping importers with their cashflow.

Ged Carabini, chief operations officer at Kammac, commented: “I am very proud of the growth journey that we have made and the unique platform that we at Kammac have created in recent years. With the global footprint that Elanders has, we will be able to grow further in the UK by being able to offer Elanders’ current customers our solution”.

Joining the group brings Kammac into a worldwide group with unique partnerships in Asia, North America and South America which they will be offering to their customers. Combined with Kammac’s own quick onboarding and obsession with finding the right solution for its customers, Elanders plans to bring the benefits of a worldwide footprint to its customers.

RECENT ARTICLES

Friday Blog

Do the right thing … it’s the Friday Blog!

Moonbug and IMC announce strategic partnership

Check out the latest roles added to Toy World’s recruitment section

Heathside Trading signs licence agreement with Molang

Hey Hugo welcomes Richard Hawkins as Sales director

Get involved in Toy World’s April Pocket Money & Collectibles feature

All About Games celebrates third anniversary

Las Vegas Licensing Expo offers first look at closing programme

Wyncor appoints two new top sales executives

Get involved in Toy World’s April Pre-school feature