Colis Prive accelerates European expansion
CEVA Logistics, a global leader in third-party logistics and a subsidiary of the CMA CGM Group, announced today that its subsidiary, Colis Privé, has completed the acquisitions of Paack Iberia and Paack France.
The acquisition marks a new milestone in the development of Colis Privé, a leading last mile delivery provider in France and Belgium. Paack will significantly strengthens the company’s domestic network in France while enabling its entry into Spain and Portugal, two fast-growing European e-commerce markets. Approximately 490 employees are joining Colis Privé as part of the transaction.
Paack Iberia and Paack France are last mile logistics providers specializing in parcel delivery for the e-commerce sector. In supporting leading players in online retail, both companies are recognized for their technology-driven solutions, extensive distribution networks and expertise in home delivery and out-of-home delivery services.
The acquisition of Paack supports Colis Privé’s ambition to build a leading pan-European platform in the last-mile delivery market and to support its customers’ international growth while addressing the specific needs of each local market.
Colis Privé will now operate a network of 82 sites across the Iberian Peninsula, including 61 partner distribution centers, 21 hubs and cross docks, and more than 5,000 active pickup points. In France, Paack’s six locations will complement and further strengthen Colis Privé’s existing nationwide distribution network.
