Inc & Co has today announced its 15th acquisition as it reached the 2-year milestone since being founded by Jack Mason and Dave Antrobus in July 2019.
The acquisition of domestic logistics provider Caribou sees the 550 strong company join the already growing list of acquisitions by Inc & Co in recent months, bringing the group total headcount to 750. Caribou, headquartered in Hyde and an office in Manchester city centre, has 16 depots across the UK.
With Inc & Co’s recent move into the retail arena earlier this year, Caribou and its UK wide logistics network is a natural synergy for the group’s retail arm, Inc Retail which already processes orders for 120,000 customers each year for its luxury accessories brand KNOMO and on-demand laundry provider, Laundrapp.
Jack Mason, Group CEO of Inc & Co, said, “The acquisition of Caribou has come at just the right time as we begin to expand our retail arm. Since being founded in 2019, we have grown our portfolio of companies within the group so that they all have cross-company synergies, which is important for us when strategising on future acquisitions. Later this month we will be sharing news on our Groups’ annual performance, and our strategic vision for the future.”