Ceva Logistics puts Paack in charge of last-mile parcel delivery

Industry giant Ceva Logistics on Friday announced that it has merged France-focused last-mile delivery subsidiary Colis Privé into newly acquired Paack, which operates a dense delivery network in Spain and Portugal, presenting a single brand identity to the market. Ceva Logistics, a top-five global logistics company by gross revenue and part of Marseilles, France-based CMA CGM Group, acquired Paack in early August to expand its last-mile delivery business in Europe. It acquired Colis Privé, which also operates in Belgium and Luxembourg, in 2022. The unified Paack brand will be rolled out progressively to customers and partners beginning in January, Ceva said in a news release. When the tentative deal was first announced last summer, the expectation was that Colis Privé would absorb Paack.