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Synopsis
bpost, Belgium’s leading postal operator acquired Radial, integrated e-commerce logistics and omnichannel technology solutions provider. Financial terms were not disclosed. The acquisition allows best to scale its existing US presence and expand its product offering into value-added activities that cover the entire value chain in e-commerce logistics. By entering the e-commerce logistics market, bpost can tap into a larger and more attractive profit pool while benefitting from the high-growth potential that global e-commerce offers. “Radial represents the gold standard for profitable e-commerce and omnichannel technology arming merchants with the capabilities needed to operate at a global scale. Joining the bpost family is a critical next step for both companies as we strive to help meet customer expectations on the backbone of industry- leading technology and services.” Matthew Espe, Radial CEO.
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