Dutch firm Sendcloud announces intent to acquire Italian shipping automation platform isendu
Sendcloud, a shipping platform for e-commerce, has announced its intent to acquire isendu, an Italian shipping automation platform supporting over 1,000 online businesses.
“Shipping is the biggest expense in e-commerce, yet it remains the primary bottleneck to growth. While most online stores lack the power of e-commerce giants like Amazon and Zalando, consumers still expect the same level of service and experience,” says Rob van den Heuvel, CEO and Co-founder at Sendcloud.
“isendu shares this belief, aligning perfectly with our mission to solve shipping globally. We look forward to officially welcoming isendu as part of Sendcloud and will offer them our full support every step of the way.”
"Recognising the disparities in e-commerce, we launched isendu in 2019, intending to help small and medium-sized merchants improve their e-commerce experience,” says Lando Barbagli, CEO and Co-founder at isendu.
“Building on Sendcloud’s decade of experience serving over 25,000 customers, we are confident we have found a strong partner to continue our work.”
“Before joining Sendcloud officially, we will collaborate closely with Rob and his team to ensure we continue delivering top-notch shipping experiences for our customers and partners.”
Sendcloud and isendu says they have mutually agreed on the key terms of the acquisition, which is expected to be completed by the end of Q3 2024, pending customary reviews and approvals from the relevant regulatory bodies.
Financial terms of the deal were not disclosed.
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