Transportation and logistics provider Koch Companies announced it has added to its warehousing and retail fulfillment network with the acquisition of Store Opening Solutions (SOS).
Financial terms of the transaction were not provided.
Murfreesboro, Tennessee-based SOS provides retail inventory consolidation. It had been owned by Marmon Holdings, a global industrial conglomerate that is part of Berkshire Hathaway (NYSE: BRK-B).
“Bringing SOS into the Koch Companies family represents a meaningful step in our long-term strategy to strengthen and expand our logistics, fulfillment, and trucking capabilities,” said Koch CEO Jeff Koch in a news release. “By investing in the people, infrastructure, and services that define both SOS and Koch, we’re positioning the business and our customers for long-term success.”
Minneapolis-based Koch also operates trucking, leasing and maritime businesses, and well as a large Midwest 3PL operation. The warehousing network includes 3 million square feet of space, which will double through the acquisition.
Koch has had at operations team on site at SOS since 1999, serving some of the nation’s largest retailers.
Freight Fraud Symposium
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Supply Chain AI Symposium
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
Future of Rail Symposium
Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Rock & Roll Hall of Fame • Cleveland, OH Register NowPast the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
The Old Post Office • Chicago, IL Register NowReshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now