Evri expects to reduce delivery times and enhance its end-to-end service—covering the first mile, middle mile, and customs clearance for international customers—by leveraging Coll-8’s technology.
Evri, a UK parcel delivery company, has announced the acquisition of Coll-8, an Irish customs clearance and logistics firm. The aim is to strengthen Evri’s end-to-end capabilities in the Republic of Ireland and wider European Union by integrating its parcel delivery services with Coll-8’s bespoke, digital customs clearance platform, which automates and streamlines cross-border trade.
While Evri can guarantee next-day delivery within the UK, deliveries to the Republic of Ireland can take up to five days. By leveraging Coll-8’s technology, Evri expects to reduce delivery times to two days, boosting its end-to-end service proposition with coverage across the first mile, middle mile and customs clearance for international customers.
Coll-8 has more than 500 drop2shop pickup and drop-off (PUDO) locations in the Republic of Ireland, many of which are at premises managed by BWG, Ireland’s largest operator of convenience stores. These will complement Evri’s PUDO network, which utilises third parties there.
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Martijn de Lange, CEO at Evri, said, “This landmark acquisition will significantly accelerate the speed of Evri’s parcel delivery and return times for our customers in the Republic of Ireland. We look forward to collaborating with Coll-8’s talented team to elevate our end-to-end service offering across the region, as their cutting-edge customs clearance platform will give Evri a seamless gateway into European markets. This transaction will be a win-win for our customers and clients.”
“This will make Evri the delivery solution of choice for both the UK and Ireland and our first ever acquisition signals our intent to build on our significant organic growth, which has seen us triple in size in a short space of time.”
“Our new owners, Apollo Funds, have backed our plans and are investing to meet our target to deliver more than a billion parcels a year, bolstered by our recent landmark merger agreement with DHL ecommerce UK – and cement our position as a powerhouse of the parcel delivery sector.”
Dave Field, Founder and CEO of Coll-8, said, “When we launched, we wanted to offer brands and consumers a better, more cost-effective and more environmentally-friendly way of getting the very best out of the massive opportunities which ecommerce represents.”
“I’m convinced that, together with Evri, we can now take our respective momentum to another level entirely. We have the combined experience, technology, the infrastructure and the ambition to succeed.”
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