Financial terms of the deal were not disclosed.
A spokesperson for RUSCON told American Shipper that all SLG-Operating staff kept their jobs. Prior to the acquisition, RUSCON had over 1,100 employees, but with the acquisition, the company now has over 1,150 employees.
SLG-Operating has a 60,000-square-meter complex near Moscow at Chekhov City. The complex has a capacity of over 85,000 pallets, including climate-controlled sections, according to the RUSCON press release.
SLG-Operating provides warehouse and logistics services to a wide variety of customers, a few of which include Microsoft, Pepsi, Danone, Castorama, Kimberly-Clark, Haier and Cargill.
Looking ahead to the rest of 2017, the spokesperson said the company plans to continue investments in its fleet and inland depots in Russia.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now