Austrian Post has signed a definitive agreement to acquire a 70% stake in Bulgarian-founded euShipments.com, an integrated cross-border delivery and fulfilment provider in Southeast and Eastern Europe. The acquisition supports Austrian Post’s LEAD 2030 strategy and aims to expand its international e-commerce logistics footprint across Austria, CEE/SEE, Turkey, and other growth markets.
Subject to regulatory approval, the transaction is expected to close in the first quarter of 2026. Austrian Post will retain an option to acquire the remaining 30% stake within four years. The deal marks a full exit for BlackPeak Capital, which invested in euShipments.com in 2022 to support its regional expansion.
“Together with Austrian Post, we are opening a new chapter of development and growth. This partnership will strengthen our regional position, expand our service portfolio and network, and help our clients deliver even more competitively and without borders,” shared CEO and Co-founder Svetlozar Dimitrov.
Strengthening Regional Leadership
euShipments.com, founded in 2012 in Ruse, Bulgaria, has developed into a significant e-commerce logistics provider in the region. The company employs more than 350 people and has recorded strong year-on-year growth. It is expected to generate around EUR 50 million in annual revenue across Bulgaria, Romania, Croatia, Slovakia and its wider CEE/SEE network.
Its business model integrates fulfilment, domestic and cross-border delivery, and value-added services such as returns management, cash-on-delivery solutions, and IOSS processing. Clients are offered a seamless “one-contract, one-integration” approach, giving access to over 800 delivery methods and partnerships with more than 60 last-mile carriers.
BlackPeak Capital exits following expansion success
BlackPeak Capital, backed by EIF, EBRD, and IFC, fully exits the business after supporting euShipments.com through its recent phase of development. During the partnership, the fund contributed to the company’s expansion activities, governance initiatives, and ongoing growth efforts.
“euShipments.com is a great example of what a strong team can achieve with the right support and a clear vision. We are confident that the new chapter with Austrian Post will bring even more opportunities,” shared Angel Stefanov, Partner at BlackPeak Capital.
Supported by BlackPeak Capital, over the past years, euShipments.com has pursued an enhanced acquisition strategy focused on expanding its regional footprint by acquiring locally established logistics companies in Bulgaria, Croatia, Romania, and Slovakia.
This “buy and build” approach enabled the Bulgarian company to gain immediate access to local expertise, infrastructure, and strategic markets while offering acquired partners the benefits of its integrated e-commerce logistics platform and know-how.
