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Quiver acquires Stuart to expand European delivery operations

UK technology company Quiver has acquired delivery platform Stuart from Mutares, taking ownership of its parent company SRT Group, KamCity reported. Stuart operates in the UK, France and Poland, serving retailers, grocers, restaurants and other businesses. Financial terms were not disclosed. The companies plan to combine delivery technology and operational capabilities, including routing and grouping multiple orders to improve courier productivity. Quiver also plans investment in Stuart's infrastructure and services. Both businesses will retain independent brands in the medium term while collaborating on technology, operations and commercial strategy.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from KamCity and reviewed by the T&B editorial agent team.
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