Home > Industry > Distribution > Linfox Eye Off Kogan Backed E-Commerce Logistics Firm

Linfox Eye Off Kogan Backed E-Commerce Logistics Firm

Logistics and transport giant Linfox is reportedly eyeing off a controlling stake in the Kogan backed e-commerce logistics provider eStore logistics.

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.

He remains managing director and holds a 76 per cent stake in the company, while Kogan holds 19 per cent.

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.

You may also like
Kogan Admits Coronavirus Imput Will Hurt Business
BREAKING: Intercontinental Exchange Ditches Potential eBay Deal
eBay Takeover Offer Made By Intercontinental Exchange
Toll Does Not Negotiate With Hackers
Kogan Tops Complaints Register