Parcel service provider GLS is expanding its portfolio with the acquisition of Hungarian e-commerce fulfillment company iLogistic, enabling it to offer e-commerce fulfillment services to customers inside and outside Hungary.
iLogistic specializes in logistics services to online shops, including pick and pack, inventory management and returns. GLS has served as its last-mile delivery partner for some time.
“We are committed to providing high-quality services to our customers, and we believe that by partnering with an innovative and rapidly growing company like iLogistic, we can further assist our partners on the path to success and growth,” said Gergely Farkas, managing director of the GLS Group Eastern Europe region. “Our strategic goal is to support the export capabilities of domestic traders, for which outsourced logistics services present an ideal new option. With the help of the GLS network, our mutual partners can more easily meet the challenges in both domestic and foreign markets.”
Bálint Csereklyei, CEO of iLogistic, added, “Partnering with GLS marks a major milestone for iLogistic. We’re enthusiastic about the potential this acquisition will offer for advancing our services and delivering even greater value to our clients. Together we are ready to set new standards of excellence in the logistics industry while leveraging GLS’s reputation and service quality to drive our international growth.”