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euShipments.com has invested in Swiss Point Data s.r.o., a Slovak leader in fulfillment and logistics

euShipments.com has invested in Swiss Point Data s.r.o., a Slovak leader in fulfillment and logistics
12 march 2024
● The Slovak fulfillment operator Swisspoint becomes the fourth company in euShipments.com's logistics group, strengthening its positions in Central Europe. ● Slovak eCommerce businesses can now benefit from seamless cross-border connectivity. ● The investment is part of euShipments.com's accelerated growth strategy, supported by the private equity fund BlackPeak Capital.

Established in 2002, Swisspoint currently stands as one of the leading fulfillment providers in Slovakia. The Bratislava-based company is renowned for its reliability and enduring partnerships with a diverse array of businesses. Swisspoint has earned acclaim as a reliable logistics partner within the e-commerce landscape in Slovakia and the surrounding region, seamlessly addressing the logistical demands of burgeoning online startups and meeting the diverse needs of established international players.

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Operating as a part of the euShipments.com logistics group, will enable Swisspoint to further capitalize on its strategic location and broad industry expertise. Swisspoint will harness the collaborative network portfolio of over 50 leading courier companies across Europe and more than 600 delivery methods. By broadening the range of offered services, Swisspoint will boost the international business growth of its clients, aligning with the development strategy of the euShipments.com group. This collaboration highlights the group’s commitment to delivering top-tier fulfillment and logistics solutions while expanding the business on an EU-wide scale.

 

E-commerce businesses based in Slovakia or business having Slovakia as part of their logistic chain can now benefit from seamless cross-border connectivity. The established network of euShipments.com provides direct deliveries from e-shop addresses to all destinations across the EU. The fulfillment center of Swisspoint in Senec offers expert classic e-fulfillment along with domestic and cross-border delivery solutions. The facility also doubles as an injection point for pre-prepared shipment volumes. These logistics options extend to all 12 strategically positioned fulfillment centers part of the network, including locations such as Ruse (Bulgaria), Zagreb (Croatia), Oradea (Romania), and more. Thanks to the integrated service, online merchants can now enjoy next-day delivery to Slovakia, Hungary, Romania, Bulgaria, Croatia, Slovenia, 2-3 days for deliveries to Greece (main land), Czech Republic, Poland, Austria, Germany, Italy and 3-5 days for the rest of EU. The portfolio of services extends further to providing tailored solutions supporting the dropshipping business model. The comprehensive service offering and added flexibility will afford Swisspoint to empower Slovak-based e-commerce businesses and address the full spectrum of their logistic and business needs to remain competitive.

 

"This strategic partnership with euShipments.com represents an important milestone in the development of our company. Swisspoint will expand its geographic reach and will be able to offer more diverse logistics solutions to our clients. This brings us significant opportunities for growth and innovation, which are an integral part of our strategy of enhanced international presence.” - comments Ondřej Holík, CEO of Swisspoint.

 

“Along with the strong organic growth in the last few years, in 2023 we also experienced large-scale non-organic development as part of our M&A strategy. We now have business units in five European countries. The synergies between all companies in the group will result in more efficient management of the entire logistics network of euShipments.com. Thus, we will even further improve the quality of our services, transit times and be able to offer a number of new services to make our clients even more competitive in sales and deliveries in international markets.” - shares Svetlozar Dimitrov, CEO of euShipments.com and leader of the logistics group.

 

“We are pleased with the successful completion of this deal for euShipments.com. Slovakia is of strategic significance for the group, given its proximity to key Central European markets like the Czech Republic, Poland, and Austria. We are confident that with Ondrej and his team, euShipments.com has found the most suitable partner to execute the joint strategy for strengthening the market presence in CEE and providing high-quality, comprehensive, and flexible logistics solutions to the fastest-growing online merchants in Europe and beyond”, commented Angel Stefanov, Partner at BlackPeak Capital.

 

Swisspoint will retain its current corporate structure with CEO Ondřej Holík. The recently appointed board of directors for the Slovak company will also comprises of Matus Gerek, a seasoned team member and shareholder in the company, alongside Vichren Bisset, CCO of euShipments.com.

 

Advisors for the deal on behalf of euShipments were Mazars Slovakia, who conducted financial and tax due diligence, and Schoenherr Slovakia, who provided legal due diligence and transaction documentation. Swisspoint was represented by the law firm Majerník & Miháliková.




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