Austrian Post will acquire a 70% stake in Bulgarian e-commerce logistics provider euShipments.com for around €55mn, the companies said in a press release on November 28.
euShipments.com said the investment from Austrian Post would accelerate service diversification and expand its geographic reach as demand from European merchants continues to grow.
The deal is expected to close in the first quarter of 2026 pending regulatory approval. Austrian Post will have the option to buy the remaining 30% within four years. euShipments.com will continue to operate as an independent company within the group.
Founded in Bulgaria, euShipments.com provides cross-border delivery and fulfilment services across Southeast and Eastern Europe. The company forecasts revenues of €50mn in 2025. It operates 15 fulfilment centres in the region and works with more than 60 courier partners, offering online merchants access to over 800 delivery methods.
Austrian Post, which operates in 13 countries and reaches more than 150mn consumers, said the acquisition would strengthen its position in Southeast Europe and support its ambitions to grow e-commerce services beyond the dominant global platforms.
“This acquisition strengthens our presence in SEE and expands our international e-commerce offering,” said Peter Umundum, board member responsible for the parcel and logistics division. CEO Walter Oblin said euShipments.com “complements our portfolio perfectly” and aligns with the company's LEAD 2030 strategy.
The transaction will see BlackPeak Capital fully exit its investment. The private equity fund backed euShipments.com in 2022, helping finance a regional expansion that included acquisitions in Bulgaria, Croatia, Romania and Slovakia. Founders of the acquired businesses — Matej Javorek in Croatia, Stefan Popa in Romania and Ondrej Holik in Slovakia — will remain in leadership roles.