UPS acquires Belgian delivery service Kiala

UPS acquires Belgian delivery service Kiala

UPS has acquired Belgian delivery service Kiala for an undisclosed amount, in order to “broaden UPS's service portfolio for business-to-consumer deliveries.” Kiala delivers to 7.000 collection points in every possible kind of shop (ranging from video rental stores over convenience stores to gas stations) in Belgium, France, Luxembourg, the Netherlands and Spain.

50 million v. 4 billion parcels per year

Kiala was founded in 2010 and currently ships 136.000 parcels per day (50 million per year) for 300 webshops in five countries. In 2010, Kiala's turnover was 49 million euro, but the company hopes to have raised that amount to 54,3 million in 2011 – and even further in the next years, as the transaction will enable Kiala to grow even faster. Its French CEO, Denis Payre, told Le Monde that “everything was settled in a matter of weeks. UPS took the first step towards us, which is a nice compliment for such a small company as Kiala.”

 

Together with FedEx and DHL, UPS is one of the three main players in the parcel service market. The company has sent almost 4 billion packages in 220 countries worldwide in 2010, resulting in a turnover of 49.6 billion dollar (38 billion euro). UPS has almost 400,000 employees, of which 80% work in the US.

Questions or comments? Please feel free to contact the editors


Dutch eCommerce industry faces shortage of employees

17/07/2017

Dutch eCommerce companies struggle to find sufficient employees to handle the industry’s growth. More than half of the companies have job openings that can hardly be filled.

Alibaba launches its own intelligent speaker

05/07/2017

Chinese Alibaba has now also entered the intelligent speaker market, following Amazon, Apple and Google. Its main attraction is that the speaker is a lot cheaper than the competition. A small group can now trial the device for one month.

Media-Saturn wants to turn back Redcoon acquisition

27/06/2017

Media-Saturn has adopted a very peculiar strategy to get web shop Redcoon’s losses to disappear. It filed a lawsuit to retroactively cancel its 2011 acquisition.

Europe hands Google record fine

27/06/2017

According to the European Commission, Google took advantage of its market position to more prominently feature its own products in the search results. The fine is an astonishing 2.42 billion euro.

Metro Group invests in mobile payment solution

27/06/2017

German Metro Group invested in British start-up Yoyo Wallet, a rapidly-growing European mobile payment service. Together with other companies, Metro Group invested 14 million euro in Yoyo Wallet.

Ikea launches store on Amazon

19/06/2017

Only a week after Ikea’s announcement about third party sales, the Swedish furniture store chain reveals its own store on Amazon, filled with an extensive product range.

Back to top