La Poste Groupe subsidiary acquires 49% of luggage storage company

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Pickup, a La Poste Groupe pickup network, has acquired 49% of the capital of secured luggage storage company Nannybag.

Founded in 2016, Nannybag is a collaborative network of luggage lockers designed to enable travelers around the world to store their luggage before check-in, after check-out, during transit between two airports, at partner businesses, restaurants and hotels. The company also works to help small businesses monetize their vacant space while generating additional footfall in their stores.

The acquisition is expected to allow the company to enable travelers to store their luggage in a larger number of parcel shops around the world. The companies aim to offer Nannybag luggage services in 3,000 Pickup points in France, then in Europe. This will enable customers to leave their luggage in the lockers for a few hours or several days.

Matthieu Ballester, chairman and co-founder of Nannybag, said, “We are very excited to be working with Pickup. This collaboration has given our business a new lease of life and is very aligned with our future ambitions. We will be expanding our team and are already working on developing solutions for transferring luggage from hotels to airports and sending suitcases around the world.”

Bruno Vivarès, CEO of Pickup Personal Services, said, “At Pickup, we are very proud to invest in Nannybag and to support its development. This partnership will allow Nannybag to capitalize on our network to make life easier for as many people as possible. It is also a way for Pickup to offer our relays a new, complementary activity, helping them to develop their business. Customers will benefit from a range of services that meet their needs as closely as possible.”

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