UPS buy Slovenian delivery firm
UPS has bought a unit of Slovenia-based small package delivery firm Intereuropa Globalni Logisticni Servis.
UPS has bought a unit of Slovenia-based small package delivery firm Intereuropa Globalni Logisticni Servis.
“UPS and Intereuropa have had a successful relationship in Slovenia for almost two decades, but UPS needs a greater presence in this dynamic market,” said Wolfgang Flick, president of UPS Europe, in a statement.
“With this acquisition and the establishment of wholly-owned operations in Slovenia, UPS will have the flexibility it needs to invest in its global brand, transportation network, technology and workforce to better serve its growing customer base in this country.”
Slovenia has the highest per capita GDP in Central Europe of the countries that joined the European Union in and after 2004 and is considered a model of economic success and stability for the region.
Financial terms were not disclosed.
