Bpostgroup has acquired a majority of the shares in Paris-based international delivery provider IMX and is due to acquire 100% by 2024. The deal was signed on May 31, 2022, in Paris, France.
IMX offers a wide range of cross-border delivery and returns solutions for e-tailers via a direct sales approach and for small and medium-size enterprises (SME) and individuals through its proprietary digital solutions ‘Happy-Post’, ‘ColisExpat’ and ‘Shopiles’. This acquisition is expected to enable Bpostgroup to scale its existing presence in France, generate operational synergies and further expand its product offering that covers a broad range of services: untracked, tracked, express and return services but also ship-from-store solutions. IMX’s management team and all the employees will remain on board, in line with the terms of their contracts.
Dirk Tirez, CEO of Bpostgroup, said, “Bpost continues to invest in its future and this acquisition fits perfectly with our strategy to become a leading e-commerce logistics player in Belgium, Europe and North America. This is an exciting next step in our trajectory. We said we needed to scale up our activities in Europe and that is exactly what we are doing. By adding IMX, we are also expanding into digital solutions that is poised for continued rapid growth and on-trend with broader e-commerce activities in Europe.”
Laurent Cayet, CEO of IMX, added, “We all fully support this next step in our history. Both companies have been long-term business partners. We already know and trust each other. I’m deeply convinced that for IMX staff and management, this merger is a promising route for the future. Together with bpostgroup, we can further improve and expand the cross-border delivery services we provide to our customers. We are all full of enthusiasm and energy and are eager to share with our clients the new opportunities this strategic move brings.”