bpost strengthens its position in sustainable logistics with the acquisition of Bubble Post

On 7 August 2017 bpost entered into an agreement for the acquisition of Bubble Post by bpost. This confirms the growth ambitions of both companies in smart and sustainable urban delivery solutions and enhances the hybrid network of bpost with complementary expertise in cold transport.

The activities of Bubble Post strengthen the current network of bpost and its subsidiary CityDepot. Going forward, Bubble Post and CityDepot, both important players in green urban delivery, will work together, complementing each other's expertise. The two companies already enjoy a successful 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, is particularly pleased with the new partnership. "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." 

Marc Morioux, CEO of Bubble Post, responds with enthusiasm. "Bubble Post is looking forward to continuing to grow under the wing of bpost. Our employees are excited to be part of the next chapter of the future of our two companies."

About Bubble Post
Originally founded in Ghent in 2013, Bubble Post is now active in 16 cities in Belgium and the Netherlands. Its activities are focused on smart urban delivery, meaning that parcels and goods from various suppliers are efficiently 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.

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About bpost

bpost is Belgium’s leading postal operator and a parcel and e-commerce logistics provider in Europe, North-America and Asia. We deliver mail and parcels to millions of doorsteps and provide logistic services to businesses and consumers. With over 34,000 employees in Belgium and across the globe, bpost's total operating income amounts to 3,837.8 million EUR, while reducing our impact on the environment and the communities around us.

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