Acquiring Company
Ceva Logistics
Acquired Company
Paack Iberia and Paack France
Description
Ceva Logistics has completed the acquisition of couriers Paack Iberia and Paack France to enhance its last-mile delivery business under Colis Privé. The move will strengthen Ceva's domestic network in France and facilitate expansion into Spain and Portugal. Approximately 490 employees will join Colis Privé as a result of this transaction. This acquisition leverages Paack's extensive delivery network to capitalize on growing e-commerce markets.
M&A Insights
Based on deal dataFrequently asked
Who acquired Paack Iberia and Paack France?
Paack Iberia and Paack France was acquired by Ceva Logistics, based in Provence Alpes Côte D'azur. The deal was reported on August 10, 2026. Ceva Logistics is a global freight middleman providing logistics and supply chain solutions. It is part of the CMA CGM conglomerate. Ceva Logistics is privately held and operates in Transportation.
When did Ceva Logistics acquire Paack Iberia and Paack France?
Ceva Logistics's acquisition of Paack Iberia and Paack France was reported on August 10, 2026. Ceva Logistics has completed the acquisition of couriers Paack Iberia and Paack France to enhance its last-mile delivery business under Colis Privé. The move will strengthen Ceva's domestic network in France and facilitate expansion into Spain and Portugal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paack Iberia and Paack France do?
Paack is a courier service that supports retailers with an extensive delivery network. It operates 82 transfer centers and over 5,000 active pickup points in the Iberian Peninsula. Additionally, it has six urban delivery stations in France. It is privately held, operating in E Commerce.