Colis Privé Expands Last-Mile Delivery Business to Spain and Portugal
Colis Privé, a subsidiary of Ceva Logistics, officially enters the Iberian Peninsula market by acquiring Paack. This move aims to strengthen its last-mile delivery network in Europe to meet growing e-commerce demand in Spain and Portugal.
What are the key facts?
- 1Acquisition: Paack Iberia and Paack France
- 2Target Market: Spain, Portugal
- 3Employee Increase: Approximately 490
What happened?
Global freight forwarding company Ceva Logistics has completed the acquisition of express companies Paack Iberia and Paack France and will integrate them into its last-mile delivery business, Colis Privé. This integration will expand Colis Privé's business footprint to Spain and Portugal and increase its workforce by approximately 490 employees.
What does this mean for cross-border sellers?
Sellers with plans in the European market will find logistics and delivery options in Spain and Portugal significantly richer, and delivery efficiency is expected to improve.