Press release, January 11, 2024
Shareholders of Packeta Group, the parent company of Czech tech logistics company Zásilkovna, have agreed to sell 100% of the shares in Packeta Group to a consortium of CVC Capital Partners and Emma Capital: with capital support from R2G. The transaction is subject to approval from relevant regulatory authorities and is expected to close in the first half of 2024. Terms of the transaction were not disclosed. Packeta Group has been profitable for a long time and will have sales of CZK 7.25 billion (EUR 295 million) this year.
The transaction process began in the spring of last year and was led by financial advisors CORPIN (representing JSK Investments) and IMAP REDBAENK (representing the remaining shareholders). The legal advisors included HAVEL & PARTNERS (representing JSK Investments), HLADKY.LEGAL and Axialis Legal (representing the remaining shareholders). The sellers’ due diligence was conducted by CMS Cameron McKenna Nabaro Olswang, Ernst & Young and Boston Consulting Group.
The search for a suitable investor for Packeta Group continued for most of 2023 and resulted in a significant number of offers from various financial and strategic investors, with significant interest from large international groups.
Zásilkovna, a subsidiary of Packeta, was founded 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 of its own collection points, including 6,000 parcel machines – Z-BOXes. Since its inception, the company has achieved several important milestones and received numerous prestigious awards.
“First of all, I would like to thank our more than 2,000 colleagues for their contribution to building Packeta, which is now one of the leading European platforms for parcel delivery in the e-commerce industry. Without their efforts and skills, Packeta would not be where it is today. I sincerely thank each and every one of them for this. My thanks also go to our customers – the e-shops who have entrusted us with their packages. Together we have contributed significantly to the strong growth of the modern e-commerce industry in Central Europe over the last ten years. I am convinced that the new investors, who have demonstrated their knowledge and experience in the field of last mile delivery, will help Packeta Group to grow even further and improve the level of services to our customers and clients as well to increase the satisfaction of our outstanding employees. I would also like to thank our consultants and management team for their great help and support during this very demanding, international and multi-faceted project. Last but not least, I would like to thank all the shareholders who have helped me run the company over many years and have been a support especially in the last difficult years,” commented Simona Kijonková, founder of Zásilkovna, CEO of Packeta and representative of JSK Investments largest shareholder of the Packeta Group.
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About Packeta Group
Packeta Group was founded under the name Zásilkovna as a Czech logistics-technological franchise project by entrepreneur Simona Kijonková in 2010. Since its founding in 2010, the company has become one of the most successful companies in the Czech Republic, providing comprehensive logistical-technical services for online stores. Packeta Group expects to deliver more than 100 million packages in 2023, achieve sales of CZK 7.25 billion and significantly increase its profitability. Packeta Group has a network of 15,000 collection points and Z-BOXes in four countries in Central and Eastern Europe, as well as parcel delivery services in the Czech Republic and Slovakia. Packeta works with more than 49,000 e-shops, mainly operating in the e-commerce sector. Downloaded by over 8 million users, Packeta’s mobile app is widely used by consumers to pick up packages, including the Mezi námi (“Between Us”) service. Between 2018 and 2023, Packeta grew its revenue at a compound annual growth rate of 64%. More under www.packeta.com.
The holding company Packeta was founded in February 2018. In May 2019, the first robot pickup point Z-BOT was opened and the Mezi námi (“Between Us”) service was introduced. In November 2019, Zasilkovna won first place at the Křištálová lupa Awards in the E-Commerce Inspiration category. In December 2019, Packeta took over the courier service Zavezu.cz. In January 2020, Zásilkovna’s mobile app reached 1,000,000 downloads and has continued to grow to more than 8,000,000 downloads to date. In May 2020, Zásilkovna won the ZONKY INNOVATION AWARD. In June 2020, Zásilkovna received the BEST MANAGED COMPANIES award. In September 2020, Zásilkovna started delivery to Z-BOXes. In October 2020, Zásilkovna was ranked among the TOP 10 best employers in the Czech Republic. In November 2020, Zásilkovna won first place in the Internet commerce category in the Křišťálová lupa survey. In February 2021, Zásilkovna received the Czech Superbrands 2021 award. In October 2021, Packeta introduced the PackMan, an automatic sorting robot. In November 2021, Zásilkovna received the Křišťálová lupa award in the Internet commerce category. In February 2022, Zásilkovna won first place in the TOP Employers award in the Transport and Logistics category. In March 2022, the Nadační Fond Simony Kijonkové (Simona Kijonková’s Foundation) was founded. In June 2022, Packeta will introduce minute delivery in Slovakia. In October 2022, Zásilkovna started sending parcels via Z-BOXes. In November 2022, Zásilkovna won the Křišťálová lupa Prize in the Internet Retail category. In March 2023, Zásilkovna was among the three most popular Czech brands. In November 2023, Zásilkovna won the Most Trusted Brand award for the second time. In December 2023, Packeta Group achieved a record amount of packages processed and transported in a single day.
Press contact:
Sara Piacquadio
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Press partner:
Viet Tu Nguyen
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