October 27, 2023
Financial terms of the deal have not been disclosed—but Atlanta-headquartered UPS said the acquisition is expected to close in the fourth quarter.
UPS Chief Executive Carol Tomé said that—by combining Happy Returns’ digital experience with the package-delivery company’s small package network and brick-and-mortar locations—label-free returns will soon be available at thousands of locations in the United States.
The disclosed acquisition comes nearly a month after UPS said it would acquire MNX Global Logistics, bolstering its healthcare products distribution operations.
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