Oude Meer, July 2, 2024 – GLS, a leading parcel service provider with a strong presence in Europe and North America, is pleased to announce the acquisition of E-Log Logística Insular, S.L. (hereinafter “e-Log”), a specialised company with expertise in e-commerce fulfilment and logistics solutions, particularly to and from the Spanish peninsula and the Spanish Islands. This strategic acquisition positions GLS Spain to expand its service offerings and enter the rapidly growing fulfilment market.

Dr. Karl Pfaff, Chief Executive of GLS Group, commented, “This acquisition is an exciting strategic step for GLS as we aim to expand our service offerings and strengthen our market presence. With e-Log’s expertise and specialised services, we can now offer a broader range of solutions to our customers, especially in the fulfilment sector. We are delighted to welcome Javier Vargas and his team to the GLS family and look forward to achieving great success together.”

Javier Vargas, Chief Executive of e-Log, added, “Partnering with GLS represents an exciting new chapter for e-Log. With our combined expertise and resources, we are well-positioned to deliver high-quality fulfilment and logistics solutions, greatly benefiting our customers. We are enthusiastic about the growth and possibilities this acquisition will bring.”

Founded in 2015 and headquartered in Coslada (Madrid), e-Log specialises in two main areas: E-Log Last Mile (Canary Islands/Balearic Islands), providing fulfilment, logistics, and transport solutions to and from the Spanish peninsula and the Spanish Islands, Ceuta, and Melilla; and E-Log Logística, offering specialised logistics solutions tailored to the needs of the e-commerce and travel sectors. Over the past two years, e-Log has demonstrated strong growth and profitability, making it a valuable addition to the GLS family.

Building on its cross-border strength, GLS aims to diversify with parcel fulfilment as one of its growth vectors. The acquisition of e-Log is a key strategic step to introduce GLS Spain into the fulfilment sector. E-Log’s expertise and proven track record in the fulfilment and logistics market make it an ideal partner for GLS Spain’s expansion.

About GLS

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com .

About e-Log

E-Log is a Spanish logistics company based in Madrid (Spain) which started operating in June 2016. The company serves their customers providing fulfilment, logistics and transport services as well as special logistics solutions between the Spanish peninsula and the Spanish Islands, Ceuta and Melilla. Their operation is supported by a network of 4 warehouses located in Madrid, Las Palmas de Gran Canaria; Palma de Mallorca and Tenerife and a team of 21 dedicated and enthusiastic employees.

E-Log is proud of having built a good reputation among small and medium customers in Spain with a solid, long-lasting relationship with its customer base, which lead in 2023 to a record revenue performance of € 3.5m. For more information, visit https://e-log.es/ .

For more information, please contact:

press@gls-group.com

Oude Meer, July 2, 2024 – GLS, a leading parcel service provider with presence in Europe and North America, has announced the acquisition of Hungarian e-commerce fulfilment company iLogistic. This strategic move enables GLS to offer e-commerce fulfilment services to GLS customers in and outside Hungary, as part of its approach to further diversify and grow its portfolio.

GLS aims to enhance its operational scope and capabilities, with parcel fulfilment as a key area of growth. The company is working towards becoming a more versatile logistics provider while maintaining its strong position in the parcel market.

"We are committed to providing high-quality services to our customers, and we believe that by partnering with an innovative and rapidly growing company like iLogistic, we can further assist our partners on the path to success and growth," said Gergely Farkas, Managing Director of the GLS Group Eastern Europe region. "Our strategic goal is to support the export capabilities of domestic traders, for which outsourced logistics services present an ideal new option. With the help of the GLS network, our mutual partners can more easily meet the challenges in both domestic and foreign markets."

ILogistic, a Hungarian company specialising in logistics services to online shops including pick and pack, inventory management and returns, has been a trusted partner of GLS prior to this acquisition. The collaboration between GLS and iLogistic has been strengthened over time, with GLS serving as their last-mile delivery partner.

“Partnering with GLS marks a major milestone for iLogistic. We're enthusiastic about the potential this acquisition will offer for advancing our services and delivering even greater value to our clients,” says Bálint Csereklyei, CEO of iLogistic. "Together we are ready to set new standards of excellence in the logistics industry while leveraging GLS’ reputation and service quality to drive our international growth.”

The acquisition is aligned with GLS’ expansion strategy, including in adjacent markets, and represents a key step in deepening its service offering within Hungary. With a focus on serving businesses ranging from small enterprises to large service providers across various industries, iLogistic's significant growth reflects the increasing demand for market-leading fulfilment services.

This acquisition marks an exciting chapter in GLS's continued growth and commitment to serving the evolving needs of businesses across Hungary and beyond.

About GLS

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS’ network connects its markets with high velocity and flexibility to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across 40 countries high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by more than 36,600 walkers, light vehicles and vans, and 6,500 trucks. This offers network resilience, superior flexibility, and extended reach. In 2023/24, GLS generated record revenues of 5.6 billion euros and delivered 905 million parcels across the markets. For more information, visit www.gls-group.com .

About iLogistic

iLogistic is one of Hungary's largest fulfilment service providers, offering scalable back-end support to its partners based on its extensive experience in warehouse management and logistics solutions since its establishment in 2016. In 2023, the company fulfiled over 1 million orders with the assistance of subcontractor partners, primarily through cooperation with GLS. iLogistic currently handles the daily turnover of around 300 e-commerce companies, including some of the largest players in the Hungarian market, all with a 100-person operation and over 14,000 square meters of warehouse space, while maintaining flexible and customer-focused operations. In addition to its significant presence in the Hungarian market, approximately 10% of its revenue already comes from international shipments, primarily targeting the European Union. iLogistic aims to be the leading service provider in the region, offering scalable and reliable services to its partners throughout the year with predictable pricing. For more information, visit www.ilogistic.hu/

GLS, Italy's leading express courier player, is back in the saddle, confirming its role as official sponsor of the 107th edition of the iconic 'Pink Race' for the third year running. For the first year, moreover, GLS will also be a sponsor of the Giro d'Italia Women.

The company, which will once again be present at the Giro d'Italia with a 'Traguardo Volante', will award the cyclist who crossed the GLS arch first in the previous stage each day, and, on 26 May in Rome, the overall winner of the GLS Traguardo Volante.

The Giro d'Italia is one of the three most important and prestigious stage road cycling races on the international calendar, together with the Tour de France and the Vuelta a España. A sporting event organised by RCS Sport lasting three weeks, starting, this year, on 4 May from Venaria Reale in Piedmont and finishing on 26 May in Rome, when the riders will have completed the 21 demanding stages. The Giro d'Italia Women, on the other hand, will be held from 7 to 14 July, in eight stages, starting in Brescia and finishing in Pescara.

This year, GLS will also transform its stand at the Open Village in the starting cities into a real travelling Parcel Shop that will allow the public, staff and partners to quickly and easily make shipments by purchasing them online from the GLS Store portal and dropping the parcel off directly at the GLS stand.

"We are proud to be able to ride alongside the world's best cyclists for all 3,400 km of the Giro d'Italia, which every year showcases the scenic and cultural wonders of our country," comments Elisa Piazzola, Chief Commercial Officer of GLS. "We have confirmed our commitment because we believe that the values of our company go perfectly with those of this beautiful sport, and because the 21 stages will prove to be a wonderful opportunity to meet all those communities where we work every day for the third year.

Milano, 19 March 2024 – GLS Italy, Italy's leading express courier player, has decided to "run" with the 22nd edition of the Milano Marathon. In fact, the company will once again be the Official Partner of one of the most important international running events.

GLS will be present with a stand at MiCo at the Milano Running Festival from 04 April to 6 April and on 7 April at Piazza San Babila.

Once again this year, the company has decided to involve customers and employees, who together will take part not only in the Relay Marathon and the Marathon on Sunday, but also in the Family Run, a 3 km run to be held on Saturday 6 April, starting from the Maspes-Vigorelli Velodrome and finishing at MiCo.

"Year after year, the Milano Marathon gathers more and more adhesions, confirming itself as one of the best-known events in the world of running,' comments Elisa Piazzola, GLS Chief Commercial Officer. 'Our company is proud to be Official Partner of this great event that not only embodies the values of determination and passion typical of sport, but also renews its spirit of solidarity, linking the event with a fundraising event in favour of non-profit organisations.”

About GLS Group

GLS Group is one of the largest self-reliant parcel services providers in Europe, with a strong local presence in almost all countries across the continent. It also operates through wholly-owned subsidiaries in Canada and on the USA’s West Coast within one GLS network. This allows GLS to seamlessly connect its customers and communities with millions of parcels and stories every day. GLS is proactive regarding network management, connecting its markets flexibly and agilely to respond to their fast-changing and dynamic nature. The company takes pride in providing its customers across about 40 countries with high-quality service that best suits their needs. The GLS network consists of over 120 hubs and more than 1,600 depots, supported by approximately 36,000 final-mile delivery vehicles and 6,200 long-distance trucks. This offers network resilience, superior flexibility, and extended reach. In 2022/23, GLS generated record revenues of 5.4 billion euros and delivered 862 million parcels across the markets.