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Stord Acquires AMS Fulfillment To Expand Logistics Network And AI-Powered Fulfillment Platform

· Source: pulse2.com

In short

Stord has acquired AMS Fulfillment, adding over 1 million square feet of capacity in Los Angeles, Salt Lake City and Philadelphia and more than 10 million annual orders, bringing its network to over 100 locations. The deal follows a $400 million Citi-led credit facility and a $250 million Series F at a $3 billion valuation, funding robotics and AI investments through Stord Labs. AMS customers are expected to gain access to Stord's network, parcel program and AI-driven fulfillment capabilities.

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Tags: fulfillment, warehouse, robotics, automation, acquisition, logistics

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