UPS acquires Brussels-based Kiala, provider of delivery options for consumers purchasing goods over internet; Kiala has operations in Belgium, France, Luxembourg, Spain and the Netherlands
February 15, 2012
– UPS (NYSE:UPS - News) today announced it had acquired Kiala, a firm based in Brussels that provides convenient delivery options to busy consumers purchasing goods over the Internet.
Kiala was launched in 2001 as a private firm and currently operates in five countries: Belgium, France, Luxembourg, the Netherlands and Spain. It has developed a platform that enables e-commerce retailers to offer their shoppers the option of having goods delivered to a convenient retail location. The acquisition will broaden UPS’s service portfolio for business-to-consumer deliveries.
Terms of the deal were not disclosed.
UPS (NYSE:UPS - News) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS
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