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Ceva Acquires Paack’s European Delivery Network | Business and Finance News
Description
Ceva Logistics is set to acquire Paack’s European operations in France, Spain, and Portugal, integrating them into its Colis Privé last-mile delivery network to massively expand its European footprint. This strategic move taps into the booming e-commerce market, where speed and scale are critical — and Paack’s existing urban delivery hubs and cold chain logistics capabilities (for fresh food) could give Colis Privé a major competitive edge. While regulatory approval and union negotiations remain pending, the deal promises to significantly boost revenue and operational capacity for Colis Privé as it gears up to meet rising consumer demands.
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