Ashley Furniture has acquired the western division assets of Springfield, Missouri-based Wilson Logistics (CCJ Top 250, No. 100). An affiliate of Ashley Distribution Services (ADS) inked the deal Dec. 27. Terms of the financial transaction were not disclosed.
Under the terms of the deal, ADS will also lease Wilson’s western terminals. All non-western U.S.-based Wilson Logistics assets and business are not affected.
The deal will “expand ADS’ brokerage and distribution operations in the western United States,” Ashley Furniture said in a statement. “We are excited to welcome members of the Wilson team, as we continue to service existing customers and expand upon the strong legacy established by Wilson.”