Omaha, Neb.-based Werner Enterprises, a lobal freight transportation and logistics services provider and the nation’s seventh-largest truckload carrier with more than $2.4 billion revenue last year, announced yesterday it has acquired Monroe, Conn.-based NEHDS Logistics LLC, a premium final mile logistics services provider.
The purchase price was $64 million, with a $4 million earnout, according to Werner.
Established in 2006, NEHDS’s core services focus on white glove delivery, installation, warehousing and inventory management of home furniture and appliances. The company has significant regional density with 19 fully managed or operated cross-dock, warehouse, and customer locations primarily in the Northeast and Midwest U.S. with additional facilities in the Mid-Atlantic and Southeast with a fleet comprised of more than 400 delivery trucks. The company uses two-person delivery teams for commercial and residential deliveries.
