Quadient's Strategic Growth in the Locker Market
Quadient (NASDAQ: QDT), a leader in providing automation and innovative digital solutions, draws attention with the recent acquisition of Package Concierge. With this move, Quadient has now surpassed 25,000 locker installations globally, marking a significant milestone in its operational strategy. By enhancing its digital locker technology, Package Concierge is poised to tackle the evolving challenges of package management across various sectors, including residential, commercial, and educational institutions throughout the United States.
Focus on Automation and Revenue Goals
In alignment with its ambitious ‘Elevate to 2030' strategic plan, Quadient is set on a growth trajectory aimed at achieving over €1 billion in subscription-related revenue by 2030. This proactive approach is not just about numbers; it is about adopting intelligent business process automation to better serve its extensive customer base of 350,000.
Expansion of Locker Installations
Quadient's strategy for global locker expansion is extensive and focused on key regions, namely the United States, Japan, and Europe. The acquisition adds approximately 3,000 new units to Quadient’s existing network, solidifying its stronghold in the U.S. market. More importantly, this growth positions the company to potentially exceed €100 million in locker-related revenue by 2025 while also working towards its target of establishing a 40,000-unit installed base by 2030.
Leadership Vision
Geoffrey Godet, CEO of Quadient, expressed enthusiasm about the acquisition, stating, "The integration of Package Concierge aligns seamlessly with our vision to automate delivery processes driven by the growing trend of e-commerce. By doing so, we can further our aim of reaching €200 million in revenue by 2030 specifically for our lockers automation platform. Our new team members from Package Concierge bring tremendous expertise, and we are eager to collaborate with them for a prosperous future ahead.”
About Quadient
Quadient is at the forefront of showcasing how automation can facilitate secure and sustainable business communications. The company supports a diverse range of businesses in their digital transformation journey, emphasizing operational efficiency while fostering engaging customer experiences. Listed on the Euronext Paris (QDT), Quadient also features in the CAC® Mid & Small and EnterNext® Tech 40 indices, reflecting its active role in the market.
Contact Information
Investor Relations
Catherine Hubert-Dorel, Quadient
+33 (0)1 45 36 61 39
Media Relations
Nathalie Labia, Quadient
+33 (0)1 70 83 18 53
Frequently Asked Questions
What is the significance of Quadient acquiring Package Concierge?
The acquisition helps Quadient enhance its digital locker solutions and increase its market presence significantly.
How many locker installations does Quadient currently have?
Quadient has exceeded 25,000 locker installations globally, thanks to recent expansions.
What are Quadient's future revenue goals regarding lockers?
Quadient aims to surpass €100 million in locker revenue by 2025 while working towards a target of 40,000 installed units by 2030.
Which regions is Quadient focusing on for locker expansion?
Quadient’s expansion efforts are primarily focused on the United States, Japan, and Europe.
What is Quadient's strategic vision for 2030?
Quadient's strategic vision includes reaching over €1 billion in subscription-related revenue by 2030 through intelligent automation.
