News | January 12, 2009

Fidelitone Logistics Acquires The WinWell Companies

Third party logistics (3PL) services provider Fidelitone Logistics has acquired The WinWell Companies to provide better services and a larger geographic presence for Fidelitone clients worldwide. Financial terms of the acquisition were not disclosed.

Headquartered in Dallas, The WinWell Companies specialize in customized logistics services that include transportation, warehousing, inventory control, delivery, pickup and the installation of high technology products.

WinWell has offices and facilities nationwide, extending Fidelitone Logistics footprint into more areas. New facility locations include, Dallas, Detroit, Houston, Los Angeles, San Antonio and St. Louis.

"The WinWell Companies has a very similar mission to Fidelitone Logistics," said Josh Johnson, president of Fidelitone Logistics. "Both 3PL providers strive to supply highly customized logistics solutions that exceed the expectations of our customers, while improving their bottom-line on a daily basis. The merger of these two companies greatly expands our last mile geographical coverage and enhances the services we currently offer."

The WinWell Companies, Inc. was founded in 1990. WinWell locations will continue operations as a Fidelitone Logistics company. Founded in 1929, Fidelitone is a privately-held, third party logistics company headquartered in Wauconda, Ill., a northwest suburb of Chicago.

Fidelitone provides supply chain services for consumer goods, retail, industrial and MRO (maintenance, repair and operations) companies. The company's services range from vendor management, forecasting, procurement, order management and inventory management through distribution, last-mile delivery and reverse logistics operations. Its customer list includes Best Buy, Black & Decker and Xerox, among others

SOURCE: Third party logistics