New Zealand Post (NZ Post) has acquired logistics provider Fliway Group New Zealand, extending its parcels business into larger items and broadening its supply chain capabilities.
Fliway is one of the largest fully integrated logistics providers in New Zealand and specializes in the delivery of items that are typically too big to be carried by courier networks but are still transported as individual items rather than in bulk.
According to NZ Post, the acquisition has been customer driven, responding to strong demand for the delivery of larger items. Norbert Bojarski, executive general manager of investments and ventures, NZ Post, said, “Many of our customers, including retail and e-commerce customers, frequently ask us to provide a solution to deliver their large items that typically don’t fit into our network. It’s a hassle for them to deal with multiple logistics providers and since we often already deliver most of their parcels, this is a natural extension of our offer to our customers.
“Given the strong and ongoing growth in e-commerce – which has been accelerated by the pandemic – NZ Post is committed to continuing to support New Zealand businesses and to invest in being the best delivery partner for New Zealand, by extending our logistics capacity and capability,” he said.
Fliway provides transportation, warehousing and international freight services and operates New Zealand’s premier national dedicated supply chain for large and oversize items. It is headquartered in Auckland and employs more than 400 people.
NZ Post also recently acquired a 50% stake in Supply Chain Solutions and is also investing NZ$170m (US$120m) in parcel processing infrastructure across the country that will provide additional capacity and automation to support New Zealand’s e-commerce growth.
NZ Post initially plans to operate Fliway as a standalone business under the leadership of the existing Fliway management team.