Thursday, February 16, 2012

UPS Buys European Fulfillment Company

According to The Journal of Commerce, UPS has acquired Kiala, a Brussels-based third-party fulfillment center for eConnerce merchants, as part of a strategy by UPS grow its business in Europe.

"Kiala delivers packages to delivery points where consumers can pick them up at their leisure, instead of having to be at home or the office to receive them," reports TJC. "The company, founded in 2011, operates in Belgium, Luxembourg, The Netherlands, France and Spain" servicing more than 300 companies, including H&M, Esprit, and Yves Rocher, handling up to 145,000 parcels daily, according to Kiala's Web site.

The terms of the sale were not disclosed.

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