Costco purchases Innovel logistics for US$1bn

Loading... Views | May 19

Costco Wholesale completes its acquisition of Innovel Solutions with a US$1bn purchase of the logistics specialist. 

The US$1bn cash purchase of Innovel Solutions - a subsidiary of Transform Holdco, the parent company of Sears and Kmart - comes as part of the wholesalers ambitious to enhance its last mile operations.

Check out the full interview in Supply Chain Digitial: www.supplychaindigital.com