American Eagle Outfitters acquires Quiet Logistics for $360 million

American Eagle Outfitters has acquired Quiet Logistics

Lifestyle and apparel company American Eagle Outfitters announced Wednesday that it has completed the acquisition of Massachusetts-based Quiet Logistics and other strategic investments in a $360 million move that will help it offer same-day and next-day shipping to customers from American Eagle stores.

Serving over 50 direct-to-consumer and omnichannel brands, including Outdoor Voices and Mack Weldon, Quiet Logistics operates in-market fulfillment centers across the country, with locations...

https://www.freightwaves.com/news/american-eagle-outfitters-acquires-quiet-logistics-for-360-million

American Eagle bolsters supply chain resiliency plan with Quiet acquisition

In an effort to gain more control over its supply chain, American Eagle Outfitters (AEO) announced Tuesday it had acquired one of its logistics partners, Quiet Logistics, for $350 million in cash.

Known for its 2015 spun-off company Locus Robotics, Quiet Logistics uses its large network of technology-driven fulfillment centers in Boston, Chicago, Los Angeles, Dallas, St. Louis and Jacksonville, Florida, to innovate more than 50 large direct-to-consumer brands by bringing their fulfillment...

https://www.freightwaves.com/news/american-eagle-bolsters-supply-chain-resiliency-plan-with-quiet-acquisition