Austrian Post has successfully completed the acquisition of a 70% stake in Bulgarian scale-up euShipments.com, a logistics partner for online merchants in Central and Eastern Europe.
This transaction also marks the conclusion of BlackPeak Capital’s partnership with euShipments.com, following several years supporting the company’s expansion, operational development, and M&A strategy.
Svetlozar Dimitrov, co-founder and CEO of euShipments.com, says: “With the successful closing of this transaction, we are entering a new phase of strategic development for euShipments.com. My team and I strongly believe that together with Austrian Post Group we will rapidly enhance the company’s operations, further expand our fulfillment network, and deliver even greater value to the online merchants we support.
“By optimising network connectivity, improving operational efficiency, and accelerating service innovation, we will enable our clients to increase their competitiveness in their active online markets. At the same time, together with euShipments, they will be able to confidently sell and deliver online into new markets – including opportunities beyond the EU.”
Recent EU-Startups coverage shows continued investment across Europe’s e-commerce logistics and fulfilment ecosystem.
In Austria, Quivo secured €5.2 million to expand its e-commerce fulfilment technology and operations into Gulf markets. Meanwhile, Lisbon-based Lyzer raised over €10 million to scale its logistics-as-a-service platform and support international expansion. In the UK, HubBox collected €6.8 million to expand its out-of-home delivery and pickup-point software platform, reflecting increasing demand for alternative last-mile delivery options.
Sustainability-focused infrastructure is also attracting capital, with Amsterdam-based Sparqle securing €1.5 million to scale emission-free e-commerce delivery across European cities. In addition, Estonia’s MyDello raised €3.1 million to expand its freight forwarding and logistics visibility platform.
Taken together, these rounds represent at least €26.6 million in funding flowing into logistics technology, fulfilment, and delivery infrastructure across Europe in 2025–2026.
Lora Dimitrova, co-founder and IT Product owner at euShipments.com, adds: “The decision for euShipments.com to continue its strategic development as part of the Austrian Post Group was not an easy one. Today, however, the company’s shareholders and management are firmly convinced that, as part of this large logistics network, euShipments.com will be able to create even greater value for its clients in their existing markets and enable them to grow more competitively in new markets, including those outside the European Union.”
Today’s news brings together a major logistics player and a fast-growing e-commerce fulfilment platform.
Founded in 2012 and headquartered in Ruse, Bulgaria, euShipments.com is an integrated e-commerce logistics and fulfilment provider serving more than 1,300 online retailers across Europe. The company offers a complete one-stop-shop solution, including warehousing, fulfilment, domestic and international delivery to all 27 EU member states, payment processing and returns management, all accessible through a single integration.
euShipments.com operates 15 strategic fulfilment centres across Southeast and Eastern Europe and partners with over 60 local courier companies, giving merchants access to more than 800 delivery methods.
Whereas, Austrian Post is the postal, logistics and parcel service provider in Austria, serving as a critical part of the country’s communications and e-commerce infrastructure. The company operates across three core divisions, Mail, Parcel & Logistics, and Retail & Bank, delivering a range of services from letter and parcel delivery to fulfilment, value-added logistics and financial services.
The company operates more than 12 thousand electric vehicles, and maintains above 14 thousand out-of-home parcel pick-up and drop-off points.
Angel Stefanov, Partner at BlackPeak Capital: “Our partnership with euShipments.com has been built around a shared ambition to scale the company into the leading cross-border e-commerce logistics platform in Southeast and Eastern Europe. Four years passed in a blink of an eye but during this time, alongside the management team, we expanded the network, strengthened operational capabilities, and executed a focused M&A strategy that significantly accelerated the company’s growth to reach our original goal.
“We are proud of what we achieved together and grateful for the trust throughout this journey. With Austrian Post as a strategic partner, euShipments.com is exceptionally well positioned to continue its expansion and further strengthen its role as a trusted logistics partner for online merchants across Europe.”
In 2025, euShipments.com reported revenues of €51 million, with growth continuing in the first months following the acquisition agreement. In early 2026, the company opened two new fulfilment centres in Bolzano (Italy) and Barcelona (Spain), increasing its total storage space by more than a third.
As part of Austrian Post Group, the company will continue to operate independently while expanding its portfolio of logistics solutions and geographic coverage, with a focus on further improving the quality of services for its e-commerce clients.
Read the orginal article: https://www.eu-startups.com/2026/03/austrian-post-acquires-70-stake-in-bulgarian-e-commerce-logistics-platform-eushipments-com/
