- 3 May 2017
- Transport / Logistics Services
Hungry as ever to build its network in Europe after being forced to drop TNT in 2015 by the European Commission, UPS has bought the Irish delivery company Nightline for an undisclosed sum.
Nightline is based in Dublin and after 25 years of operation is one of the biggest Ireland based delivery firms. It handles more than 14 million parcels a year and employs more than 1000 people across the country.
It recently launched the successful ‘Parcel Motel’ business where customers from Ireland can pick up and drop off parcels without waiting on a courier.
UPS has said that the acquisition will position the global logistics company as one of the top local shippers in Ireland. The deal is of course subject to regulatory approval.
“Nightline will complement our existing services, increasing delivery density, while also adding innovative new service options,” said Jim Barber, president of UPS International.
UPS already has a presence in Ireland. It currently provides both small package and supply chain services to customers in the country, and operates gateway functions at Dublin and Shannon airports.
The two companies will initially operate as separate brands while the integration takes place between them. Rebranding may take a year or so, after the proper business processes have been conjoined internally.
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