Austrian Post has agreed to acquire a 70% stake in euShipments.com, the leading integrated cross-border delivery and fulfilment provider in Southeast and Eastern Europe. The transaction marks a significant milestone for BlackPeak Capital, representing the first successful exit from its Southeast Europe Growth Equity Fund I (2021), following a four-year partnership focused on building a regional e-commerce logistics champion.
On 28 November 2025, Austrian Post signed a definitive agreement to acquire the majority ownership stake in euShipments.com. Subject to customary regulatory approvals, the closing of the transaction is expected in the first quarter of 2026. The agreement also includes an option for Austrian Post to acquire the remaining 30% stake within the next four years.
Founded in 2012 by Lora Dimitrova and Svetlozar Dimitrov, euShipments.com has developed a technology-driven business model designed to meet the complex logistics needs of online merchants operating across borders. Today, more than 1,300 online retailers rely on the company’s end-to-end solutions, which span fulfilment, domestic and international deliveries, returns management, cash-on-delivery services, IOSS and other value-added logistics services.
With a team of over 350 e-commerce specialists and more than 100% annual growth since its founding, euShipments.com is expected to generate approximately EUR 50 million in revenues across key markets including Bulgaria, Romania, Croatia and Slovakia. The company operates seven proprietary fulfilment and cross-border facilities in six countries and collaborates with more than 60 last-mile courier partners, offering over 800 delivery methods across Europe.
“Together with Austrian Post, we are opening a new chapter of development and growth,” said Svetlozar Dimitrov, co-founder and CEO of euShipments.com. “This strategic partnership will strengthen our regional position, expand our service portfolio and network, and enhance our operational efficiency, while continuing to serve our clients with the same entrepreneurial spirit.”
BlackPeak Capital invested in euShipments.com in 2022, partnering closely with the founders and management team to support the company’s next phase of expansion. During this period, euShipments.com underwent a significant transformation, including the opening of six new fulfilment locations, the addition of more than 40,000 square metres of operational space, and an increase in processing capacity to over one million parcels per month. The partnership also resulted in the creation of more than 300 new jobs, expansion into seven new markets, and a tenfold increase in revenues since the initial investment.
A central pillar of this growth was a targeted M&A strategy, which saw four strategic acquisitions completed in Bulgaria, Romania, Croatia and Slovakia. These businesses were successfully integrated into the euShipments.com platform, further strengthening the group’s regional capabilities and accelerating its scale.
“We are confident that the new chapter with Austrian Post will create numerous opportunities for euShipments.com to expand further and solidify its position as a trusted logistics partner for online merchants across Europe,” said Angel Stefanov, Partner at BlackPeak Capital.
Austrian Post is one of Europe’s established logistics groups, operating in 13 countries and serving more than 150 million consumers. The acquisition of euShipments.com aligns with its LEAD 2030 strategy to become the preferred e-commerce logistics partner across Austria, Central and Eastern Europe, Türkiye and beyond. The partnership is expected to support euShipments.com’s continued international growth while preserving its entrepreneurial culture and customer-centric approach.
The transaction represents a milestone exit for BlackPeak Capital and highlights the impact of long-term, growth-oriented partnerships between experienced founders and disciplined private equity investors focused on responsible scaling and regional leadership.