Sale to
Impactful Fulfillment Services acquired by Ryder System
Sellside Advisor
On October 23, 2023, Ryder System, Inc. announced its acquisition of Impact Fulfillment Services (IFS), with the deal expected to close in early November. IFS is a provider of contract packaging, manufacturing, and warehousing solutions, serving the consumer packaged goods (CPG), retail, and healthcare sectors. The acquisition adds an estimated $250 million in annual revenue to Ryder’s Supply Chain Solutions segment and strengthens its capabilities in co-packing and co-manufacturing.
Headquartered in Miami, Florida, Ryder System offers integrated logistics, fleet management, and dedicated transportation services across North America and the U.K. Its acquisition of IFS aligns with Ryder’s strategic goal of expanding high-margin logistics services and serving vertically integrated clients.
IFS, based in Burlington, Massachusetts, operates 15 facilities across nine states including Texas, Illinois, and Pennsylvania and employs around 1,000 staff. The company is known for blending and filling dry powder and viscous products and partners with U.S. brands to deliver customized co-packing and co-manufacturing solutions across complex supply chains.
Headquartered in Miami, Florida, Ryder System offers integrated logistics, fleet management, and dedicated transportation services across North America and the U.K. Its acquisition of IFS aligns with Ryder’s strategic goal of expanding high-margin logistics services and serving vertically integrated clients.
IFS, based in Burlington, Massachusetts, operates 15 facilities across nine states including Texas, Illinois, and Pennsylvania and employs around 1,000 staff. The company is known for blending and filling dry powder and viscous products and partners with U.S. brands to deliver customized co-packing and co-manufacturing solutions across complex supply chains.