PRIME ADVANTAGE BUYS LOGISTICS MANAGEMENT INC
Prime Advantage Corp., based in Chicago, a provider of electronic commerce sourcing services, has acquired Logistics Management Inc., a transportation management company based in Fairhaven, Mass.
Logistics Management had been an endorsed supplier for Prime Advantage’s online buying consortium since the latter’s inception.
“This acquisition strengthens our ability to add value for our members by paralleling three major manufacturing needs: direct goods, indirect goods and services, and logistics management,” said Louise O’Sullivan, co-founder and president of Prime Advantage.
Financial terms of the transaction were not disclosed.