F-One Group Invests In Prioor 4PL to Accelerate Technology-Enabled Growth
Frankfurt am Main (ots)
F-One, a Frankfurt-based investment and technology group, today announced its investment in Prioor 4PL, a specialist provider of 4th Party Logistics and transport management solutions. Financial terms of the transaction were not disclosed.
The partnership brings together Prioor's deep logistics expertise, established customer relationships and operational capabilities with F-One's technology platform. Prioor will continue to operate under its existing brand and leadership, with Managing Director Stefan Nolte remaining at the helm of the company and leading its next phase of growth.
"Stefan has built an outstanding business that brings their customers' logistics operations to a new level," said Artem Fadin of F-One. "We see substantial opportunities in powering Prioor's domain expertise with F-One's technology over the coming years."
For Prioor, the transaction is designed to provide a long-term platform for continued growth while preserving the entrepreneurial leadership, customer focus and logistics expertise on which the company has been built.
"I have spent the past years building Prioor around a simple principle: logistics should create a competitive advantage for our customers," said Stefan Nolte, Managing Director of Prioor Logistics Solutions. "Joining forces with F-One gives us access to AI technology to take that ambition further."
About F-One
F-One is a Frankfurt-based investment and technology group. F-One backs companies with investment and state-of-the-art information technology that enables them to move faster, operate more efficiently and serve their customers better.
About Prioor
Prioor 4PL takes responsibility for the planning, control and continuous improvement of complex transport and logistics processes. Its services include logistics optimization, operational transport management, Transportation Control Tower solutions, digitalization and customs management.
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Original-Content von: F-One Akquisition 01 GmbH, übermittelt durch news aktuell