Ryder System Acquires Midwest Warehouse & Distribution System
October 27, 2021
Ryder System entered into a definitive agreement to acquire all outstanding equity of Midwest Warehouse & Distribution System (Midwest), a Woodridge, Illinois-based provider of warehousing, distribution, and transportation solutions for food, beverage, and CPG customers. Ryder expects the acquisition to add about $135 million in annual revenue to its supply chain solutions segment in 2022 and to expand Ryder’s multi-client warehousing presence in the greater Chicago area.
- Buyers
- Ryder System, Inc.
- Targets
- Midwest Warehouse & Distribution System
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Transaction Type
- Buyout
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