Business & Tech
Marietta Company Acquired in $365-Million Deal
There will be no layoffs and 3PD will retain its Marietta offices.
By Rodney Thrash
Greenwich, Conn., transportation logistics company XPO has acquired Marietta's 3PD in a $365 million deal.
There will be no layoffs and 3PD will retain its Marietta offices, according to the Atlanta Journal-Constitution.
Executives from 3PD will join XPO and continue to lead the 3PD operation, which delivers furniture, appliances, large-scale electronics and building supplies to manufacturers and retailers.
The deal was announced July 15, according to a statement from XPO.
Greenwich, Conn., transportation logistics company XPO has acquired Marietta's 3PD in a $365 million deal.
There will be no layoffs and 3PD will retain its Marietta offices, according to the Atlanta Journal-Constitution.
Executives from 3PD will join XPO and continue to lead the 3PD operation, which delivers furniture, appliances, large-scale electronics and building supplies to manufacturers and retailers.
The deal was announced July 15, according to a statement from XPO.
Don’t miss any of the local news you care about. Subscribe to West Cobb Patch’s free newsletter, like us on Facebook and follow us on Twitter.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.