GLS acquires Hungarian e-commerce fulfillment company iLogistic

Parcel service provider GLS is expanding its offering with the acquisition of Hungarian e-commerce fulfillment company iLogistic, which will enable it to offer e-commerce fulfillment services to customers in Hungary and beyond.

iLogistic specializes in logistics services for online stores, including pick and pack, inventory management and returns. GLS has been a partner in last mile deliveries for some time.

“We are committed to providing high-quality services to our customers and believe that by cooperating with an innovative and fast-growing company such as iLogistic, we can further help our partners on their path to success and growth,” said Gergely Farkas, Managing Director of the Eastern Europe region at GLS Group. “Our strategic goal is to support the export opportunities of domestic merchants, for whom outsourcing logistics services is an ideal new option. With the help of the GLS network, our joint partners can more easily meet the challenges in domestic and foreign markets.”

Bálint Csereklyei, CEO of iLogistic, added: “The partnership with GLS is an important milestone for iLogistic. We are excited about the potential this acquisition will provide to develop our services and deliver even greater value to our customers. 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.”