Panther Logistics has announced that the business has been acquired by US-based AIT Worldwide Logistics, a global transportation management company.
The acquisition follows a year in which Panther has seen an exponential increase in online shopping, leading to an expanded team as well as several new partnerships with customers wishing to take advantage of the company’s unique offering.
It is hailed as one of the most exciting developments in Panther’s continuing success story since it introduced its next day, two-man delivery service nearly ten years ago, revolutionising the white glove premium home delivery marketplace.
AIT Worldwide Logistics already has a significant presence in the US in the white glove home delivery and e-fulfilment sectors, with the two businesses sharing a number of synergies.
The acquisition will see AIT supporting Panther’s continued growth, further reinforcing its position as the UK’s market leader in specialist two-man delivery, while extending AIT’s presence in the UK market.