- Venture capital
Europe’s number one digital freight forwarder sennder further expands its business by acquiring Uber Freight Europe.
The acquisition strengthens sennder’s position as Europe’s leading digital logistics provider and marks sennder’s second transaction this year, after having merged with French counterpart Everoad in June. sennder also recently established a very successful Joint Venture with Poste Italiane, Italy’s largest logistics operator, and has seen remarkable growth over the last years.
As part of the transaction, a strategic partnership was formed, whereby sennder and Uber Freight will work closely together in the US, Canada and Europe, including a shipper referral program.
Project A is one of sennder’s early investors and supports the company in various areas with its operational teams.
More information can be found here.