Amid what TechCrunch is calling a “heated” global race in ecommerce, King of Prussia, Pa.-based Radial – a provider of ecommerce logistic services like fulfillment and omni-channel processing — has agreed to be acquired by the Belgian Post Group (aka bpost) in a $820 million deal expected to close in the last quarter of 2017.
Radial operates 24 fulfillment centers in Europe and the U.S., with 400 staffers perched at its suburban headquarters. In 2016, it fulfilled some 306 million units for ecommerce clients, a group that includes brands like Levi’s, Sony and PetSmart. The deal will help bpost beef up the offerings of its U.S.-based Landmark Global business and create some formidable competition for Amazon in the fulfillment space.
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