Apple Rush Company, Inc. has taken a significant step towards strengthening its vertical integration and logistics capabilities by acquiring Stotland Trucking, LLC, a Texas-based last-mile hauler. This acquisition is expected to add over $10 million to Apple Rush's top-line revenues by 2025, underscoring the company's aggressive growth strategy in the consumer packaged goods (CPG) sector. Stotland Trucking, known for its short-haul logistics expertise, currently generates more than $7 million in revenue and is on a trajectory for substantial growth, making it a valuable addition to Apple Rush's portfolio.
The strategic acquisition is aimed at addressing one of the beverage industry's most significant expenses: freight costs. By integrating Stotland Trucking's logistics operations, Apple Rush anticipates not only reducing costs but also enhancing delivery efficiency. Tony Torgerud, CEO of Apple Rush Company, highlighted the acquisition as a pivotal part of the company's roll-up strategy, which has already shown promising results in increasing top-line revenues. With its brewing, co-packing, and extraction businesses projected to exceed $10 million in revenue in 2025, the addition of Stotland Trucking is expected to propel Apple Rush's total revenue beyond $20 million.
Derik Stotland, president of Stotland Trucking, expressed optimism about the partnership, citing the potential for mutual growth and expansion. A key aspect of this strategic move includes the establishment of a terminal in Illinois, which is expected to facilitate exponential growth and enable the development of a more efficient regional delivery system. This acquisition is a testament to Apple Rush's commitment to expanding its distribution capabilities and product portfolio, including its distribution of anhydrous hemp oil products nationwide under brands like Apple Rush and Element.
The integration of Stotland Trucking into Apple Rush's operations is poised to create significant synergies, offering Stotland Trucking access to new markets and Apple Rush the logistics expertise and infrastructure necessary to streamline its supply chain. As the CPG and beverage industries increasingly focus on efficient supply chains and direct-to-consumer models, Apple Rush's acquisition could inspire other companies to explore similar strategies for vertical integration and logistics optimization. For more information on Apple Rush Company and its brands, visit https://www.aprubrands.com, https://www.element-brands.com, and https://www.alkhemicalroots.com.
