SWEDISH INTERNET AUCTION FIRM ACQUIRES 4PL CONSULTANT
Swedish based LSXS AB, the owner of the CargoNow.com cargo Internet marketplace, has acquired 90 percent of Swedish consultancy company For Pure Logistics AB (4PL).
4PL, based in Gothenburg, employs 12 transport and logistics consultants.
“We see the acquisition of 4PL as a natural step in our evolution,” said Chris Higgins, founder and vice president of LSXS.
A spokesman for 4PL said that the consultancy firm has many similarities to CargoNow, the same target audience and the same neutral position in the industry.