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nShift partner Coll-8 bullish about Irish ecommerce growth

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The Irish e-commerce delivery firm expects to grow by 50% by the end of 2023, thanks in part to nShift’s end-to-end delivery management 

LONDON, July 6, 2023 /PRNewswire/ — Irish e-commerce delivery firm Coll-8 Logistics is set to grow by as much as 50 per cent by the end of this year.

 

Working alongside partners including nShift, the global leader in delivery management software, the rapid expansion experienced by Coll-8 since it launched in 2019 has been largely driven by its ‘drop2shop’ network. This allows Irish shoppers to collect and return goods bought online at a nationwide network of convenience stores. Coll-8 also operates multi-carrier home delivery options, offering a variety of ‘best in class’ solutions for a next day service across the whole of the Republic.

Ireland has firmly established itself as one of Europe’s fastest growing ecommerce markets. With a population of just five million, Ireland’s ecommerce sector generated €7.4 billion (£6.5 billion) in sales during 20221

Dean Lycett, commercial director, Coll-8 said: “Coll-8 is already considered the specialist in UK-to-Ireland deliveries and returns by many major retail brands. We are also the leading operator when it comes to handling customs clearance declarations simply and swiftly. We have grown very quickly as a business because of the novelty of our proposition and because of our relationships with partners such as nShift.”

Ian Russell, director carrier partnership at nShift, said, “Coll-8 is leading the charge in broadening choice and convenience to Irish customers through its drop2shop network. In doing so, it is also making it easier for retailers in the UK and Ireland to reach their customers with flexible delivery options, which is creating a better experience as a result.”

Coll-8 has created a bespoke customs clearance system for goods entering Ireland from the UK, which has been a spectacular success. During the 2022 peak period before Christmas, it processed in excess of 60,000 customs declarations each day, many more times than the numbers handled by rivals. As a result, staffing levels across all Coll-8’s sites, including its head office at Baldonnell, almost doubled.

Lycett concluded, “The reason this partnership is so successful is that both nShift and Coll-8 share some common traits, particularly around agility and innovating to deliver the best delivery experience possible.”

About nShift

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nShift is the global leading provider of cloud delivery management solutions enabling frictionless shipment and return of almost one billion shipments across 190 countries annually. nShift’s software is used globally by e-commerce, retail, manufacturing and 3PL shippers. The company is headquartered in London and Oslo. It has over 500 employees across offices in Sweden, Finland, Norway, Denmark, United Kingdom, Poland, the Netherlands, Belgium and Romania.

About Coll-8

Coll-8 is Ireland’s leading independent specialist in e-commerce deliveries. 

Founded in 2019 by some of the most experienced individuals in the parcel industry in both the Republic and the UK, it launched its award-winning drop2shop network just months later. Drop2shop works with some of Europe’s best-known retail brands and enables Irish consumers to take advantage of fast, effective and paperless delivery and returns of goods bought online via a nationwide network of more than 500 convenience stores across the Republic.

Coll-8’s creation of a unique, automated system in-house has also seen it handle more customs clearance work than any of its competitors.

1 https://www.bdo.ie/en-gb/blogs/bdo-eaton-square/june-2022/the-rise-of-ecommerce-in-ireland

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ewpartners Announces $50 Million Strategic Investment in Leshines to Localize Manufacturing in the Middle East

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  • Leshines is the supply chain solution provider of Lenovo Group, which ranks among the top ten on Gartner’s prestigious Top 25 supply chain list.
  • The move reinforces ewpartners’ and Leshine’s commitment to fostering local industrial growth and empowering enterprises in Saudi Arabia.

RIYADH, Saudi Arabia, Nov. 5, 2024 /PRNewswire/ — ewpartners (formerly eWTP Arabia Capital), the first international investment firm to establish a Saudi-Asia cross border platform, has announced a USD $50 million investment in Leshines, the supply chain solutions arm of Chinese multinational tech company Lenovo at The Future Investment Initiative (FII), a premier global platform that drives transformative investments and fosters international partnerships for sustainable economic growth.

The investment accelerates the localization of Leshines capabilities in Saudi Arabia, further strengthening the Kingdom’s position as a vital player in sustainable global trade networks and supply chain operations.

Five months ago, Lenovo and PIF-backed company Alat announced a strategic collaboration, including a proposed US$2 billion investment. Today, this partnership is set to advance to the next step.

Leshines is also exploring the option of entering the KSA-Sino Logistics Special Economic Zone at King Salman International Airport in Riyadh, an initiative which was announced by the Saudi Ministry of Transport and Logistics earlier this month. Managed by ewpartners, the Zone will cover a total area of 4 square kilometres and consist of a logistics industrial park, an international commercial and business park, and corresponding living space and facilities. It will enable international companies to manufacture locally in Saudi and then springboard their distribution to other markets worldwide. It is expected to attract over 3,000 wholesalers and retailers and around 200 light industrial manufacturers from China and Asia.

Jerry Li, Founder and Managing Partner at ewpartners said the following on the announcement:

“This investment is a significant step towards building the future of Saudi Arabia that we all envision, and we are actively working to establish this goal. Our investment in Leshines underscores our commitment to this project and our determination to foster local industrial growth and the development of Saudi enterprises. By partnering with Leshines to bring advanced supply chain solutions to Saudi Arabia and the MENA markets, we further assist Chinese companies in exploring localized production and empower local enterprises, aligning with the Kingdom’s Vision 2030.”

Alan Zhou, COO of Leshines, commented on the announcement:

As Lenovo’s smart supply chain solution platform, Leshines will take this opportunity to establish roots in Saudi Arabia, focusing on the MENA region, and build the foundational strategic capabilities of an advanced digital supply chain. As a globally leading strategic fund, ewpartners’ strategic resources and unique advantages in KSA, the Middle East, and emerging markets perfectly match Leshines’ strategic vision and development roadmap. With solid support and a strong partnership with ewpartners, we are confident that Saudi Arabia will become an important node in the Smart Supply Chain Platform, contributing to the Kingdom’s Vision 2030.

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The investment in Leshines marks the first transaction for ewpartners Fund II. Amid the growing synergy between China and the Middle East, ewpartners’ investment model has garnered recognition from key stakeholders in the region. Supported by Saudi Arabia’s sovereign wealth fund, ewpartners has also recently secured commitments from other GCC sovereign wealth funds, including USD 150 million from the Oman Investment Authority.

About ewpartners

ewpartners (formerly eWTP Arabia Capital) is an international investment firm specialising in cross-border investments between Asia and the MENA region. Backed by the Public Investment Fund (PIF), the firm has been active in Saudi Arabia since 2017 and was the first investment firm to launch a cross-border platform between the Kingdom and China.

Headquartered in Riyadh, ewpartners focuses on building value across borders by establishing strategic partnerships with exceptional companies. Our team’s expertise in shaping innovative conducive policy frameworks can support governments in fostering economic transformation and diversification driven by innovation and technology.

ewpartners is committed to investing in, supporting, and growing successful businesses across the Asia and MENA regions, with a focus on key industries and themes such as digital infrastructure & solutions, advanced manufacturing & energy transition, and logistics & consumer enablement.

About Leshines:

Lenovo Group is a global tech giant. For three consecutive years, Lenovo has ranked among the top ten on Gartner’s prestigious Top 25 supply chain list. As the strategic empowerment platform of Lenovo Global Supply Chain, Leshines is tasked with the important mission of driving supply chain transformation and upgrading through technological innovation. Drawing on Lenovo’s global industry strengths and management expertise, Leshines delivers digital international supply chain solutions tailored to the evolving needs of Chinese manufacturers expanding overseas.

About the KSA-Sino Logistics Special Economic Zone

The Special Economic Zone is a collaboration between ewpartners and the King Salman International Airport Development Company (KSIADC) and was announced on 13th of October 2024. The initiative is supported by the Ministry of Transport and Logistics and is one of several recently announced initiatives designed to strengthen supply chains and streamline trade, e-commerce and investment in line with the Kingdom’s Vision 2030. The project aims to create an integrated ecosystem that will encompass global enterprises, logistic facilities, supply chains, and high-end manufacturing, significantly bolstering Saudi Arabia’s regional and global distribution capabilities. International companies will establish manufacturing capabilities within the Zone and collaborate with Saudi enterprises to produce locally for distribution to markets around the world.

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Xypex Chemical Corporation Expands Global Operations Acquires Xypex Australia and National Concrete Solutions

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VANCOUVER, BC, Nov. 5, 2024 /PRNewswire/ — Xypex Chemical Corporation is pleased to announce that, effective November 1, 2024, Concrete Waterproofing Manufacturing Pty. Ltd. (CWM), trading as Xypex Australia, which also includes CWM’s subsidiary XMS (Thailand), and, National Concrete Solutions (NCS) will become wholly owned subsidiaries of Xypex Chemical Corporation, headquartered in Vancouver, Canada.

“This marks a significant step for Xypex in expanding and strengthening our global footprint,” said Mike Hardman – CEO of XCC. It will drive further growth and create more value for our customers, employees, and stakeholders. The new combined business will enhance our operations to deliver quality products and solutions to customers while optimizing costs and future investments. 

About Xypex Chemical Corporation:

Xypex Chemical Corporation is a world leader in innovative waterproofing technology. For over 50 years, Xypex has developed advanced crystalline solutions for concrete waterproofing and protection. Xypex’s products are used in a wide range of applications, including infrastructure, and commercial construction projects in over 100 countries. www.xypex.com

For media inquiries, please contact: Chantell Segal, Marketing Director, Xypex Chemical Corporation, [email protected], 604-273-5265, www.xypex.com

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Peritus Capital Secures Term Loan for Oberland Agriscience to Drive Sustainable Protein Production

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NEW YORK, Nov. 5, 2024 /PRNewswire/ — Peritus Capital is pleased to announce a successful term loan arrangement for Oberland Agriscience Inc. The non-dilutive funding will support the Halifax-based company in scaling its production through equipment acquisitions and increased working capital.

Oberland Agriscience, a leader in sustainable protein, operates one of Canada’s largest Black Soldier Fly Larvae (BSFL) farms. It specializes in resilient, nutrient-rich ingredient solutions for aquaculture, pet food, poultry feed, and agriculture industries. The company leverages cutting-edge technology and automation, including machine learning and predictive analytics, to optimize its production processes, setting a new standard in the sustainable protein market.

“Black soldier fly larvae are extraordinary insects capable of transforming nearly any organic waste into valuable protein at a remarkable rate. Oberland’s rigorous, scientific approach positions it at the forefront of the sustainable protein revolution,” said Howard Tang, CEO of Peritus Capital.

The newly secured funding will help Oberland scale operations at its 108,000-square-foot Grassy Lake facility. This follows the success of its pilot farm, which operated for over seven years. The new production plant is projected to produce 3,500 tons of dry protein and 9,000 tons of frass annually, diverting 36,000 tons of pre-consumer waste from landfills and significantly reducing associated carbon dioxide emissions.

“Partnering with Peritus Capital to secure this investment is a tremendous win for us and the insect farming industry,” said Dr. Greg Wanger, Founder and CEO of Oberland Agriscience. “The global population continues to soar, and the food waste problem isn’t going away. Insects are natural to many animal diets, especially fish, and thus are an excellent ingredient in these feeds.”

About Peritus Capital
Peritus Capital is a boutique investment firm that invests in, supports, and finances the global development of ROI-generating, early-stage, and established corporates that integrate environmentally conscious practices in food production, focusing on the aquaculture sector. We are a global team with an extensive network of international investors able to invest across multiple geographies. Peritus Capital LLC is a broker-dealer registered with the U.S. Securities and Exchange Commission and a FINRA member.

Media Contact
Courtney Bosh
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Investor Contact
Ching Ryan   
[email protected]

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