Photo via FreightWaves
According to FreightWaves, CEVA Logistics, through its French subsidiary Colis Privé, has completed an acquisition of Paack, a regional e-commerce parcel carrier operating in Spain and Portugal. The strategic move extends the company's last-mile delivery footprint across the Iberian Peninsula, marking continued expansion in the European logistics sector.
The acquisition strengthens Colis Privé's competitive position in Southern Europe's growing e-commerce market, where final-mile delivery capabilities are increasingly critical to customer satisfaction and operational efficiency. By integrating Paack's existing infrastructure and operations, CEVA Logistics aims to leverage established networks in both countries while maintaining service quality for customers across the region.
This deal reflects broader consolidation trends in European logistics, where larger players are building out regional networks to better serve the accelerating pace of e-commerce deliveries. The expansion signals CEVA Logistics' commitment to establishing comprehensive coverage across key European markets.
