Dutch company Sendcloud announces its intention to acquire Italian shipping automation platform isendu – Retail Technology Innovation Hub

“Seeing the disparities in e-commerce, we launched isendu in 2019 with the goal of helping small and medium-sized sellers improve their e-commerce experiences,” says Lando Barbagli, CEO and co-founder of isendu.

“Based on Sendcloud’s decade of experience serving over 25,000 customers, we are confident that we have found a strong partner to continue our work.”

“Before we officially join Sendcloud, we will be working closely with Rob and his team to ensure we continue to provide our customers and partners with the highest quality shipping services.”

Sendcloud and isendu said they have jointly agreed on key terms for the acquisition, which is expected to close by the end of the third quarter of 2024, subject to standard regulatory reviews and approvals.

The financial terms of the transaction were not disclosed.