Quadient Surpasses 25,000 Global Locker Installations with U.S. Package Concierge Acquisition, Setting Sights on Exceeding €100M of Locker Revenue in 2025
Portfolio Pulse from
Quadient has acquired US-based Package Concierge, surpassing 25,000 global locker installations. The acquisition aims to boost Quadient's locker revenue to over €100M by 2025.
December 18, 2024 | 7:15 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Quadient's acquisition of Package Concierge enhances its position in the parcel management market, aiming for significant revenue growth.
The acquisition of Package Concierge by Quadient is a strategic move to expand its market share in the US and enhance its locker solutions. This is expected to drive revenue growth, making it a positive development for Quadient's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80