Ceva Logistics’ Colis Privé unit acquires Paack, an e-commerce parcel carrier operating in Spain and Portugal. The move expands Colis Privé’s last-mile delivery footprint beyond France. Paack serves as a strategic entry point for Colis Privé in the Iberian market.
CEVA Logistics expands its last-mile delivery operations in the Iberian region to capitalize on Europe’s growing e-commerce logistics demand. The move aligns with broader strategic growth initiatives in high-demand markets.
Paack secures €45 million in a funding round led by Infravia Growth and BBVA, bringing its total capital raised since 2016 to €300 million. The e-commerce logistics company expands its financial backing to support parcel delivery operations. Infravia Growth and BBVA join existing investors in backing Paack’s growth in the European delivery market.
Paack secures **$225 million in Series D funding**, led by **SoftBank**, to expand its **e-commerce delivery platform**. The investment supports scaling logistics software that integrates with warehouse automation, competing with legacy players like Amazon. The company leverages robotics and software to streamline delivery operations for online retailers.