UPS Acquires Kiala

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UPS Acquires Kiala

Company: ups, Profile: UPS, Date: 2012-02-15


US 02/15/12Atlanta, GAUPS (NYSE: UPS) today announced it had acquired Kiala, a firm based in Brussels that provides convenient delivery options to busy consumers purchasing goods over the Internet.
Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company’s strategic directions, prospects and future results, involve certain risks and uncertainties.
Kiala was launched in 2001 as a private firm and currently operates in five countries: Belgium, France, Luxembourg, the Netherlands and Spain.
About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business.
To get UPS news direct, visit pressroom.ups.com/RSS or follow @UPS_News on Twitter.


UPS Acquires Kiala

US 02/15/12

Atlanta, GA

UPS (NYSE: UPS) today announced it had acquired Kiala, a firm based in Brussels that provides convenient delivery options to busy consumers purchasing goods over the Internet.

Kiala was launched in 2001 as a private firm and currently operates in five countries: Belgium, France, Luxembourg, the Netherlands and Spain. It has developed a platform that enables e-commerce retailers to offer their shoppers the option of having goods delivered to a convenient retail location. The acquisition will broaden UPS’s service portfolio for business-to-consumer deliveries.

Terms of the deal were not disclosed.

# # #

Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company’s strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, our competitive environment, increased security requirements, strikes, work stoppages and slowdowns, changes in energy prices, governmental regulations and other risks discussed in the company’s Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS or follow @UPS_News on Twitter.

Company Information:

Company: ups, Profile: UPS, Date: 2012-02-15


US 02/15/12Atlanta, GAUPS (NYSE: UPS) today announced it had acquired Kiala, a firm based in Brussels that provides convenient delivery options to busy consumers purchasing goods over the Internet.
Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company’s strategic directions, prospects and future results, involve certain risks and uncertainties.
Kiala was launched in 2001 as a private firm and currently operates in five countries: Belgium, France, Luxembourg, the Netherlands and Spain.
About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business.
To get UPS news direct, visit pressroom.ups.com/RSS or follow @UPS_News on Twitter.


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By | 2016-09-13T18:20:59+00:00 February 15th, 2012|News, shippers, Shipping, ups|0 Comments

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