Private equity firm Mason Wells of Milwaukee has acquired RJW Logistics Group Inc., a supply-chain logistics service for packaged-goods companies, according to a joint news release. Terms were not disclosed.
RJW Logistics offers warehousing and transportation. Based in Woodbridge, Ill., RJW Logistics is a supply chain provider, with a specialized focus on less-than-truckload consolidation services designed for packaged-goods suppliers to large U.S. retailers.
Mason Wells is a Midwest private equity firm with approximately $1 billion in assets under management across its current private equity funds, according to the news release. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: outsourced business services, consumer packaged goods, engineered products and services, and packaging. — Transport Topics