UPS has announced a definitive purchase agreement to acquire the privately-held Nightline Logistics Group, one of the leading express delivery and logistics companies in Ireland. Terms of the acquisition were not disclosed and the deal is subject to regulatory approval.
Initially, the two brands will operate separately, before being integrated over time.
“Operating for more than 40 years in Europe, and almost 30 years in Ireland, UPS continues to build a powerful portfolio of services for our customers throughout the region,” said Jim Barber, President, UPS International. “Nightline will complement our existing services, increasing delivery density, while also adding innovative new service options. We also look forward to bringing UPS’s extensive healthcare, high-tech and other specialised logistics expertise to the many Irish companies that specialise in these markets.”
“Over the past 25 years, Nightline has grown to be one of Ireland’s leading privately-owned parcel delivery, freight and logistics companies,” said Nightline co-founder and CEO, John Tuohy. “As we celebrate over two decades in business, this is the right time in the company’s evolution to join the world’s largest parcel delivery company – one with a reputation for taking care of its people and a culture that aligns well with our own. Our customers across Ireland, Northern Ireland and Great Britain will benefit from an even wider reach, enjoying direct connectivity to global export markets, and it will be an important milestone in the company’s growth into the future.”
Nightline’s Parcel Motel service offers a ‘virtual address’ that allows customers to manage their online shopping deliveries easily. The service is similar to UPS Access Point™ Lockers and creates the potential for network synergies in this area. UPS currently provides both small package and supply chain services to customers in Ireland, with a full suite of ground, air and ocean freight solutions. The company also operates gateway functions at both the Dublin and Shannon airports.
Source: UPS
