GLS Group, the leading package logistics service provider in Europe and North America, has announced the acquisition of the Hungarian company iLogistic, a key player in full-scale web store warehouse logistics services specializing in e-commerce.
While the financial details of the acquisition remain undisclosed, this strategic move enables GLS to enhance its service offerings, particularly in the realm of fulfillment services, both within Hungary and internationally.
Strategic Expansion and Enhanced Services
The acquisition of iLogistic is a significant step for GLS as it seeks to broaden its scope of activities and opportunities. The outsourced web store logistics sector is a high-priority growth area for GLS, aligning perfectly with its strategic goals. By integrating iLogistic’s capabilities, GLS aims to support Hungarian traders in expanding their export capabilities, providing them with robust logistics solutions that facilitate seamless e-commerce operations.
Gergely Farkas, the managing director of the Eastern European region of the GLS group, emphasized the importance of this acquisition in achieving their strategic goals. He stated that the outsourced logistics service is an ideal new option to bolster the export capabilities of Hungarian traders.
Strengthening an Established Partnership
The relationship between GLS and iLogistic is not a new one. The two companies have been reliable partners for years, with GLS ensuring the delivery of packages to customers while iLogistic provided essential warehouse and logistics support. This acquisition is a natural progression of their steadily strengthening cooperation.
Bálint Csereklyei, managing director of iLogistic, expressed readiness to set a new quality standard in the logistics industry together with GLS. This partnership promises to bring about significant enhancements in service quality and operational efficiency.
About GLS Group
GLS Group stands as one of the largest independent parcel logistics providers in Europe, with a robust local presence across almost every country on the continent. The company also operates in Canada and the West Coast of the United States through its subsidiaries. GLS provides services in around 40 countries, supported by a vast network of over 120 sorting plants, 1,600 depots, 36,600 delivery vehicles, and 6,500 long-haul trucks. In the fiscal year 2023/24, GLS achieved a record revenue of 5.6 billion euros and delivered 905 million parcels.
About iLogistic
Founded in 2016, iLogistic has quickly grown to become one of the largest fulfillment service providers in Hungary. The company completed over 1 million orders in 2023, primarily supported by GLS as its subcontractor partner. iLogistic manages the logistics for approximately 300 e-commerce companies, including major players in the Hungarian market, from its 14,000 square meter warehouse space with a team of 100 employees. While iLogistic’s primary market is Hungary, about 10 percent of its turnover comes from international shipments, mostly within the European Union.
Conclusion
The acquisition of iLogistic by GLS Group marks a significant milestone in the logistics industry, particularly for e-commerce fulfillment services. This strategic move not only strengthens GLS's market position but also enhances the support available to Hungarian traders, promoting greater export capabilities and setting new standards in logistics quality. As GLS and iLogistic combine their strengths, customers can expect improved efficiency, reliability, and a broader range of logistics solutions tailored to the growing demands of e-commerce.


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