Quadient Surpasses 25,000 Global Locker Installations with U.S. Package Concierge Acquisition, Setting Sights on Exceeding €100M of Locker Revenue in 2025
18 December 2024 - 6:00PM
Quadient (Euronext Paris: QDT),
a global automation platform powering secure and sustainable
business connections, announced today the acquisition of US-based
parcel management solutions provider Package Concierge®, exceeding
the 25,000-unit mark in its global installed base. Package
Concierge provides innovative digital locker technology that
addresses the growing challenges of package management in
residential, commercial, retail and university campuses across the
United States.
As part of the ‘Elevate to 2030’ strategic plan
announced earlier this year, Quadient is focused on accelerating
its growth trajectory to generate more than €1 billion of
subscription-related revenue by 2030. The Company aims to become
the leader in intelligent business process automation by driving
cross-selling opportunities within its large 350,000 customer
base.
Quadient concentrates its global locker
expansion efforts on three key regions: the United States, Japan,
and Europe. The addition of c.3,000 units from Package Concierge
will increase Quadient’s leading position in the U.S.A. and push
its global installed base beyond 25,000 units, a milestone set in
its 2021 strategic plan. This also puts the Company on track to
significantly exceed €100 million revenue in Lockers in 2025,
improve profitability and move closer to its 2030 goal of a
40,000-unit installed base.
Geoffrey Godet, CEO of Quadient, commented: “The
acquisition of Package Concierge naturally aligns with Quadient's
‘Elevate to 2030’ ambitions to automate first and last mile parcel
delivery driven by rising e-commerce penetration and bring us
closer to reaching the €200 million in revenue target set for 2030
for our Lockers automation platform. We’re excited to welcome the
top industry talents from Package Concierge to the Quadient family
and look forward to building a successful future together.”
The acquisition was closed on December 17, 2024.
Package Concierge is based in Manhattan, Kansas, and serves
customers across the United States, with a strong presence in the
North-East region.
About Quadient®Quadient is a
global automation platform powering secure and sustainable business
connections through digital and physical channels. Quadient
supports businesses of all sizes in their digital transformation
and growth journey, unlocking operational efficiency and creating
meaningful customer experiences. Listed in compartment B of
Euronext Paris (QDT) and part of the CAC® Mid & Small and
EnterNext® Tech 40 indices, Quadient shares are eligible for
PEA-PME investing. For more information about Quadient, visit
www.quadient.com.
Contacts Investor
RelationsCatherine Hubert-Dorel, Quadient+33 (0)1 45 36 61
39
c.hubert-dorel@quadient.comfinancial-communication@quadient.com
Media relations Nathalie Labia,
Quadient+33 (0)1 70 83 18 53n.labia@quadient.com
external-communication_fr@quadient.com
- PR Quadient_Package Concierge_EN_final
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