GLS acquisition to enhance its presence in Europe

GLS has announced the acquisition of Hungarian e-commerce fulfilment company iLogistic. This strategic move enables GLS to offer e-commerce fulfilment services to GLS customers in and outside Hungary, as part of its approach to further diversify and grow its portfolio.

GLS aims to enhance its operational scope and capabilities, with parcel fulfilment as a key area of growth. The company is working towards becoming a more versatile logistics provider while maintaining its strong position in the parcel market.

“We are committed to providing high-quality services to our customers, and we believe that by partnering with an innovative and rapidly growing company like iLogistic, we can further assist our partners on the path to success and growth,” said Gergely Farkas, Managing Director of the GLS Group Eastern Europe region. “Our strategic goal is to support the export capabilities of domestic traders, for which outsourced logistics services present an ideal new option. With the help of the GLS network, our mutual partners can more easily meet the challenges in both domestic and foreign markets.”

ILogistic, a Hungarian company specialising in logistics services to online shops including pick and pack, inventory management and returns, has been a trusted partner of GLS prior to this acquisition. The collaboration between GLS and iLogistic has been strengthened over time, with GLS serving as their last-mile delivery partner.

“Partnering with GLS marks a major milestone for iLogistic. We’re enthusiastic about the potential this acquisition will offer for advancing our services and delivering even greater value to our clients,” says Bálint Csereklyei, CEO of iLogistic. “Together we are ready to set new standards of excellence in the logistics industry while leveraging GLS’ reputation and service quality to drive our international growth.”

The acquisition is aligned with GLS’ expansion strategy, including in adjacent markets, and represents a key step in deepening its service offering within Hungary. With a focus on serving businesses ranging from small enterprises to large service providers across various industries, iLogistic’s significant growth reflects the increasing demand for market-leading fulfilment services.

This acquisition marks an exciting chapter in GLS’s continued growth and commitment to serving the evolving needs of businesses across Hungary and beyond.