Unifaun acquires Transsmart to accelerate the creation of a European market leader within cloud Transport Management
June 25, 2019
Stockholm (Sweden) and Tilburg (Netherlands)
Unifaun, the Nordic leader in cloud Transport Management Systems (“TMS”), is pleased to announce the acquisition of Transsmart Holding B.V., the Netherlands based provider of cloud Delivery Management (“DM”) software to customers across the Benelux region and Germany. For Stockholm-headquartered Unifaun (“the Group”), the acquisition represents an important step in its ongoing pan-European expansion, following a successful launch in Poland 2018.
As a part of the transaction, management owners in Transsmart will become shareholders in the combined Group. With the deal, the Group will reach a turnover exceeding EUR 30 million and employ around 200 people in offices located in Sweden, Finland, Denmark, Norway, Poland, The Netherlands and Belgium.
“The acquisition of Transsmart is an important step for Unifaun in taking a leading role in the European TMS consolidation story. The combined group is now perfectly positioned to leverage our unique partner eco-system to accelerate growth across Europe. Our scale and ability to invest for growth are crucial long-term success factors, and with the addition of Transsmart we are signalling our continued intent in becoming the undisputed European leader within our field. We are also very pleased to see the Transsmart team becoming part of the Unifaun family, and look forward to jointly expanding our presence and offering over the coming years.” Says Leif Bohlin, CEO of Unifaun.
Following the transaction, the Group will serve over 100,000 customers globally and process around 300 million parcels annually. Its increased scale will allow for significant resources being invested into the development of core services, new functionalities, as well as the next generation of cloud TMS. Existing customers expanding throughout Europe will further benefit from increased coverage of carriers and a wider partner network.
Roger Van Son, CEO of Transsmart explains:
”Fuelled by strong e-commerce growth, the logistics industry is undergoing rapid change. The Nordic region has been a pioneer in digitalizing the logistic industry during the two last decades and it feels fantastic to complement our already strong position with Unifauns experience and cloud products. With the joint Unifaun and Transsmart, we definitely have the products, resources and the know how to be the best Cloud Transport Management System provider in Europe.”
Both Unifaun and Transsmart will continue to exist as separate trademarks in the European market. Collaboration will be done in areas where benefits for customers can be found. Specifically, the combined strength of the carrier library, the breadth of the Groups product suite and the extensive partner eco-system, will be brought to existing and new customers.
For more information, please contact:
Leif Bohlin, CEO – Unifaun
Phone: +46 70 558 21 08
Roger van Son, CEO – Transsmart
Phone: +31 623 29 22 08
Unifaun has over 20 years of experience of providing innovative and high quality Transport Management Systems. With an extensive partner eco-system and carrier library, Unifaun is the clear Nordic leader within cloud TMS. During 2018, 250 million parcels and 5 billion transactions were handled in the system. Unifaun has approximately 170 employees in Sweden, Finland, Norway, Denmark and Poland.
Transsmart is a European provider of cloud Delivery Management software with more than 300 postal, parcel and LTL/FTL carriers. Offering more than 5,000 different carrier services, Transsmart currently processes more than 35 million parcel bookings annually. The majority of clients are based in the Benelux while Germany is growing rapidly and already represents ~20% of shipping volumes.