European supply chain operator GEODIS is to acquire American 3PL company Ozburn-Hessey Logistics for an undisclosed amount.

“We are proud to welcome the customers and employees of OHL to GEODIS and to provide our global customers with OHL’s expertise and presence in the North American market,” said Marie-Christine Lombard, CEO of GEODIS. “Likewise, GEODIS offers a second-to-none global footprint for North American corporations and the clients of OHL seeking to grow internationally.”

GEODIS, which is fully owned by SNCF Logistics, has more than 120,000 customers in over 67 countries. It reported an annual revenue of €6.8 billion (US$7.6 billion) in 2014.

OHL was founded in 1951 and operates more than 120 distribution centres in North America. It offers integrated supply chain solutions such as transportation, warehousing, customs brokerage, freight forwarding, and import and export consulting services. OHL specializes in apparel, electronics, food and beverage, healthcare and consumer packaged goods, according to a statement.

OHL will eventually be rebranded as GEODIS.

“We are excited to join forces with GEODIS and look forward to the extended reach of a worldwide group,” said Randy Curran, CEO of OHL. “Both organizations have a long tradition of finding world-class supply chain solutions for customers in pursuit of the superior customer experience.”

According to GEODIS, the transaction will be financed with cash and through existing and new debt arrangements. The deal will be closed after regulatory approval.