Linfox Eye Off Kogan Backed E-Commerce Logistics Firm
The AFR reports the two companies have held talks about Linfox becoming the smaller company’s majority shareholder, but a Linfox spokeswoman wouldn’t confirm anything to the paper yesterday.
The deal could make Linfox the biggest logistics firm in Australia servicing retail and online customers.
Leigh Williams founded eStore Logistics in Melbourne around ten years ago to handle online retail order fulfilment, distribution and processing.
The company expanded its operations to Sydney last year and now handle around 45,000 transactions a day for the likes of Kogan, Hairhouse Warehouse, and Temple & Webster.
Last year, eStore Logistics was named the Best Fulfilment Service Provider at the National Online Retailers Association awards, beating out sizable rivals like eBay and Australia Post (whom the company also counts as one of their partners).
Linfox operates in 12 countries and turns over $3 billion in yearly revenue.