The transaction is subject to approval from relevant regulatory authorities, and its completion is expected in the first half of 2024. The terms of the transaction were not disclosed. The Packeta Group has been profitable for a long time and will achieve a turnover of CZK 7.25 billion this year.
„Firstly, I would like to express my gratitude to more than 2,000 colleagues for their contributions to building Packeta, which is now one of the leading European platforms for parcel delivery in the e-commerce industry. Without their efforts and abilities, Packeta would not be where it is today. For that, I sincerely thank every one of them. Furthermore, my gratitude also belongs to our clients – e-shops who entrusted us with their parcels. Together, over the past decade, we have significantly contributed to the substantial growth of the modern e-commerce industry in Central Europe. I believe that the new investors, who have demonstrated their knowledge and experience in the last-mile delivery sector, will help Packeta Group to grow even further and enhance the level of services provided to our customers and clients, as well as the job satisfaction of our excellent employees. I would also like to thank our advisors and the management team for their significant assistance and support throughout this very challenging, international, and multi-tasking project. Last but not least, I thank all the shareholders who helped me manage the company for many years and have been a support, especially in the recent challenging years,“ commented Simona Kijonková, founder of Zásilkovna, CEO of Packeta, and representative of the JSK Investments, the largest shareholder of Packeta Group.
The transaction process began this spring and was led by financial advisors CORPIN (representing JSK Investments) and IMAP REDBAENK (representing the remaining shareholders). Legal advisors included HAVEL & PARTNERS (representing JSK Investments), HLADKY.LEGAL and Axialis Legal (representing the remaining shareholders). Vendor Due Diligence services were provided by CMS Cameron McKenna Nabaro Olswang, Ernst & Young, and Boston Consulting Group.
Search for a suitable investor for Packeta Group was going on throughout most of 2023 and it resulted in a significant number of bids from various financial and strategic investors, with significant interest from major international groups.
Zásilkovna, a subsidiary of the Packeta, was established in 2010 by Simona Kijonková. Since then, the company has expanded to seven European countries and employs over 2,000 people. Packeta has a network of over 15,000 own delivery pick-up points, including 6,000 automated parcel machines –
Z-BOXes.