Bwt Logistics, a third -party logistics equipment, said 3PL (3PL) said today that she got Razr Logistics, a logistical logistical company and a storage provider, from its mother company, Johnson Storage & Moving.
The treatment conditions were not issued, but Atlanta -based BWT said it funded the deal with the capital from Argosy Private Equity, Bluejay Capital Partners, Southfield and Spring Capital Partners. BWT is a wallet company from Argosy and Bluejay. After selling, Razr Mike Griffin President will retain a “meaningful royal share” at work, and will join BWT as a senior deputy head of sales.
According to BWT, this step expands its custom logistics solutions and brings the capabilities of the warehouse network and the supply chain services from one side to more than 500 customers from Razr in consumer products, retail and manufacturing. It also brings the benefits of storage on demand, which expands the BWT capacity to meet the accurate needs of customers regardless of the term or size and expand its potential customer base.
“I have now completed its second important acquisition, each of which has positively affected the company and put the company to provide a better service to its customers to move forward,” Seth Wilson, a partner in Argusi for private stocks, said in a statement.
In the previous acquisition of the company, Bwt International Express Trucking (IET), which is the regional 3pl in the North Carolina state market.
