Bringg acquires parcel delivery solution Zenkraft

assets/files/images/10_02_22/bigstock-Close-up-Of-Person-Sealing-Up--362694925.jpg

Bringg, a data-led delivery and fulfilment cloud platform provider, has acquired Zenkraft, a Salesforce parcel and return delivery solution.

The synthesis of these offerings will imbue Zenkraft’s parcel and return delivery and Bringg’s unified, open and connected delivery network to enable a diversified array of delivery models. Both companies have experienced rapid growth alongside the recent ecommerce boom, and this merger will bring out the best in their complementary solutions. Retailers will ultimately be able to deliver a differentiated last mile delivery experience that meets their customer demand and drives brand differentiation.

“This acquisition is a reflection of our vision to connect retailers and consumers through delivery solutions that are accessible, usable and valuable regardless of existing tech stacks or resources,” said Guy Bloch, CEO of Bringg. “Zenkraft will allow us to vastly expand the footprint of that mission.  It also provides us with a broad, quick and seamless gateway into the Salesforce ecosystem which further enables us to scale our portfolio to all retail players with maximum impact and minimum disruption.”

The acquisition aims to accelerate Bringg’s penetration in the Salesforce ecosystem by extending Zenkraft’s parcel, return and post purchase use cases with an  on-demand delivery network of hundreds of providers. The Zenkraft solution will accelerate Bringg’s go to market strategy thanks to pre-existing integrations into the Salesforce ecommerce cloud and order management system. In turn, Bringg will unlock seamless on-demand delivery options for Zenkraft customers, a growing necessity amid a global shift in delivery expectations.

“Adding a variety of delivery services to our product offering is a huge milestone,” said James Lumb, CEO of Zenkraft. “We’re proud of the solution we’ve built and being acquired by Bringg gives us the opportunity to scale our operations to meet the needs of a growing ecommerce space.  We are thrilled to see what this next chapter holds.”

The process will see no changes in existing personnel at either company, and reporting lines will stay the same in the immediate time post merger. This acquisition marks the start of Bringg’s larger merger and acquisition engine and is the first in a slew of strategic growth contingencies. 

Add a Comment

No messages on this article yet

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter