bpost has entered into an agreement to acquire Bubble Post, a first and last mile eco-delivery start-up.
Bubble Post is active in 16 cities in Belgium and the Netherlands. Its activities are focused on smart urban delivery, whereby parcels and goods from various suppliers are combined in various routes with own proprietary software and are delivered from the outskirts of the city by eco-friendly vehicles, such as cargo bikes and refrigerator trucks fuelled by natural gas. In 2016 Bubble Post generated a total turnover of EUR 3.6 million. The company employs approximately 100 people.
Going forward, Bubble Post and CityDepot, a bpost subsidiary, will work together, complementing on another’s activities. The two companies are already in partnership on the urban delivery platform in Ghent.
Besides its experience in sustainable urban delivery, Bubble Post also has extensive knowledge of refrigerated and frozen transport for among others hospitality wholesalers and delivery of prepared meals and food boxes. In the Benelux, bpost wants to be a leader in the fast-growing segment of deliveries of fresh products to both businesses and consumers.
Koen Van Gerven, CEO of bpost, said “Our ambition is clear, we want to be a leading player for parcels in Belgium. We also have the ambition to significantly expand our activities within the sustainable and cold logistic chain in Belgium and the Netherlands. The acquisition of Bubble Post fits in perfectly with this strategy.”
Source: bpost
