GLS buys Redyser for €16.5m

GLS buys Redyser for €16.5m

In a statement issued yesterday (1 February), GLS said that Redyser will strengthen its position as Spain’s second biggest express parcels network, following the acquisition of ASM Transporte Urgente in June 2016.

Headquartered in Murcia, Redyser delivers around 14m parcels a year, operating through a network of over 200 agencies and franchises and 12 sites in Spain’s main cities.

Redyser generated revenue of around €45m in 2017 and will be consolidated within the existing Spanish operations.

Rico Back, Chief Executive Officer, GLS Group, said: “Following the successful acquisition and integration of ASM, Redyser supports our strategy to scale up and grow existing businesses in core markets. Redyser will help GLS provide a broader offering and expand our presence. Redyser customers will benefit from a strong European network.”

Relevant Directory Listings

Listing image

PasarEx

PasarEx is a Colombian company that provides international express transportation services for air cargo, packages and documents, and last mile services for electronic commerce platforms. PasarEx is positioned in the logistics market in Colombia due to its rapid response and personalized attention and the use […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This