Ryder to acquire Whiplash for $480M in cash to expand e-commerce fulfillment

RYDER SYSTEM INC

$480M cash purchase price, subject to customary adjustments for cash, debt, and working capital.
Expected close late December 2021 or early January 2022, pending HSR antitrust clearance.
Whiplash operates 19 warehouses totaling ~7M sq ft, serving 250+ brands.
Deal expected to add ~$480M gross revenue to Ryder's supply chain segment in 2022 and be accretive to earnings.
Ryder plans to retain Whiplash's executive team and workforce.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.