Auctane leading company in the development of software for shipping and distribution, announced theacquisition of Packlink. From the end of December, therefore, Packlink, a leading European shipping platform, becomes part of Auctane’s commercial solutions portfolio which manages brands such as ShipStation, Stamps.com, ShipEngine, MetaPack and Endicia.
Auctane announced the acquisition of the Packlink shipping platform
With the new acquisition, Auctane aims to improve its offer for European companiesAnd. The web solutions offered by Auctane, in fact, aim to streamline all the main distribution operations, guaranteeing savings on shipments and quick and increasingly reliable deliveries. The Packlink acquisition transaction saw the participation of JP Morgan Securities LLC as the exclusive financial advisor and Proskauer Rose LLP was the legal advisor. For the shareholders of Packlink and Callol, on the other hand, Clipperton acted as financial advisor and Coca & Asociados SLP acted as legal advisor.
The comment of the protagonists
Nathan Jones, managing director of Auctane, emphasizes: “We welcome Packlink employees, customers and partners to the Auctan family. We have been following their growth and success for years and, after our first meeting with the Packlink executive team, we understood that we shared the same views as we set ourselves the mission of helping all merchants in the world to maximize efficiency in order management. clients”. Askew-Renaut, co-founder and CEO of Packlinkhe adds, “Together we are able to offer worldwide delivery capabilities to the partners and e-commerce companies that rely on us to empower their business.”