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CEE M&A Monitor
E-commerce logistics Bulgaria → Slovakia Cross-border 10 Aug 2026

Austrian Post's euShipments acquires Slovak fulfilment operator FHB Group

euShipments.com, the Bulgarian e-commerce logistics provider 70%-owned by Austrian Post, has acquired all shares of FHB Group, a fulfilment and cross-border logistics company running two facilities near Bratislava (Svätý Jur and Triblavina, around 50,000 m² combined). In 2025 FHB served roughly 200 clients and processed about 2.7 million parcels on turnover above €23M; its management team stays on. The purchase price was not disclosed. euShipments now operates twelve fulfilment centres serving 27 countries.

Our take Weeks after DHL/Venipak, another consolidation move in CEE logistics — this time a Bulgarian champion with corporate backing buying into Slovakia. The region's e-commerce logistics map is being carved up fast, and mid-size operators with real infrastructure and a sticky client base — €23M of turnover here — are exactly what acquirers want. For owners in this sector the consolidation window is open now, not indefinitely.
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