Liquidity Services Inc., an online marketplace for surplus, returned, and end-of-life merchandise, has acquired Toronto-based National Electronic Service Association (NESA), which provides forward and reverse logistics services supporting the disposition of used electronic, telecommunications, and high-tech products. The deal is one of the first that allows an e-commerce company perform the actual physical distribution of goods bought and sold on its website. “With the proliferation of technology causing complexity and shorter life cycles across thousands of products, our comprehensive reverse logistics solution, encompassing returns management, refurbishment and multichannel disposition, and re-sale services, enables us to reduce costs and increase recovery value for retailers and OEMs (original equipment manufacturers),” said Bill Angrick, chairman and CEO of Liquidity Services, in a statement.
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