OnLogistics, a prominent logistics firm in Solihull, has strategically expanded its footprint across the West Midlands through a key acquisition.
The company has successfully acquired Exact Logistics based in Rugby, enhancing its portfolio of logistics services and posturing for robust market growth.
Strategic Acquisition Fuels Growth
In a significant strategic move, Solihull-based OnLogistics has acquired Exact Logistics, a Rugby-based firm, in a deal that remains undisclosed. This acquisition aims to strengthen OnLogistics’ position in the logistics sector, offering them substantial opportunities to expand their service range and customer base across the West Midlands.
OnLogistics, known for its expertise in e-commerce and order fulfilment services, benefits immensely from this acquisition. Their expanded portfolio now includes Exact Logistics’ capabilities which further supports their growth strategy across various sectors, including automotive, aerospace, healthcare, and fitness.
OnLogistics and Exact Logistics: Complementary Portfolios
Exact Logistics was established in 2009 by Adam and Karen Shuter, focusing on offering palletised freight delivery services to Warwickshire businesses.
Through dedication and strategic insights, Exact Logistics expanded its operations to become a crucial player in final-mile distribution for European international hauliers. Their recent addition of an in-house customs clearance team enhances their service portfolio.
Karen Shuter expressed optimism about the acquisition, highlighting that its family-owned business model aligns well with OnLogistics’ values.
Leadership’s Vision for the Future
Nick Bennett, Managing Director of OnLogistics, expressed enthusiasm over leading Exact Logistics into new growth phases. He believes their complementary portfolios will create significant synergies.
Both Adam and Karen Shuter will retain leadership roles, ensuring business continuity while leveraging OnLogistics’ resources for growth.
Nick is focused on using this acquisition to improve geographical presence across Europe while maintaining high-quality customer service.
Pall-Ex Group’s Endorsement
Exact Logistics’ integration into OnLogistics is not only an opportunity for growth but also endorsed by Pall-Ex Group. Barry Byers, UK Managing Director of Pall-Ex, expressed his support for this transition.
Exact Logistics has a ten-year legacy as a successful member of the Pall-Ex network, and this acquisition is seen as a catalyst for continued success.
The partnership is anticipated to bolster the productivity and geographical reach of both companies, aligning with their strategic growth plans.
Market Expansion and Customer Service Enhancement
The acquisition by OnLogistics is anticipated to bring about a broader set of logistics solutions and enhanced customer service capabilities, with the combined expertise of both firms.
The integration of Exact Logistics’ services allows OnLogistics to provide a wider array of delivery solutions, enhancing their competitive edge. Efforts will be made to preserve the essence and strengths of Exact Logistics while incorporating technological advancements.
Nick Bennett stresses that maintaining robust customer relationships is central to their growth strategy, ensuring that existing customers benefit from the enhanced service offerings.
Industry Implications and Future Prospects
The logistics industry in the West Midlands stands to gain from this acquisition, with OnLogistics’ expansion likely to bring more swift and efficient delivery services.
This deal exemplifies a growing trend of consolidation within the logistics sector, as companies seek to enhance operational efficiencies and broaden market reach.
With both companies poised for further growth, industry analysts will be closely monitoring their integration, anticipating improved market performance and customer satisfaction.
The firm’s commitment to quality and value underpins its strategic approach, promising a robust future in logistics.
Operational Strategy Moving Forward
OnLogistics plans to operate Exact Logistics as an independent entity, allowing it to maintain its operative autonomy while benefiting from shared resources and strategic alignment.
This approach aims to keep Exact Logistics’ brand identity and operational strengths intact, ensuring its long-standing client relationships continue to flourish.
The strategic acquisition of Exact Logistics by OnLogistics marks a significant step in strengthening their industry presence.
By leveraging complementary strengths and shared values, they are well-positioned for future success within the logistics sector.
