Portfolio

Overview

In April 2023, STAR completed the acquisition of MYFLEXBOX (“MFB”), the owner and operator of the largest open access network of automated parcel lockers in Austria. STAR became majority shareholder alongside founding shareholder Salzburg AG, a leading Austrian multi-utility company with a strong focus on carbon reduction. 

Founded in 2018, MYFLEXBOX installs, operates and maintains the largest open access network of parcel lockers in Austria, with the ambition to roll out open networks in other markets. Since inception the company has rolled out over 400 locations serving several leading independent express logistics companies, as well as e-commerce providers and end customers. As part of the transaction, STAR has made a significant commitment to provide growth funding for the further roll-out of APMs. 

MYFLEXBOX offers a suite of innovative last mile logistics services providing high utility to its partners while helping them reduce CO2 emissions and increase operational efficiency.

STAR will work closely with the founders and SAG on an ambitious organic growth strategy creating the leading open APM network available for all logistics, e-commerce and end customers.

myflexbox.com