UPS Acquires Kiala

Discussion in 'UPS Pressroom News' started by cheryl, Feb 15, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    UPS (NYSE: UPS) today announced it had acquired Kiala, a firm based in Brussels that provides convenient delivery options to busy consumers purchasing goods over the Internet.

    Kiala was launched in 2001 as a private firm and currently operates in five countries: Belgium, France, Luxembourg, the Netherlands and Spain. It has developed a platform that enables e-commerce retailers to offer their shoppers the option of having goods delivered to a convenient retail location. The acquisition will broaden UPS's service portfolio for business-to-consumer deliveries.

    Terms of the deal were not disclosed.