Skip to main content

23 September 2020

Ingka Investments announces minority investment in Mover Systems


Ingka Investments, the investment arm of Ingka Group, owner and operator of 381 IKEA stores in 30 countries, announced that they will make a minority investment in Mover Systems, a Danish transportation and technology provider. The minority stake will support Mover in delivering effective logistical services for customers in other countries where Ingka Group operates.

The evolving online shopping habits call for scalable and sustainable delivery models. IKEA wants to become more accessible, affordable and sustainable and Mover can provide services that make last-mile customer deliveries just that. 

“Mover has the potential to significantly improve the way businesses manage their last-mile deliveries, making it easier for customers to shop online. The investment provides Mover the possibility to implement its solution in other countries where IKEA Retail is active,” says Krister Mattsson, Managing Director of Ingka Investments. 

Since May, IKEA Retail Denmark is operating a customised Mover last-mile solution. Together, the two companies built a solution that fits the needs of IKEA customers and can adapt to the fast-changing retail landscape.

”Already we see that almost overnight the solution has improved our transparency, delivery precision and is allowing us to reduce delivery associated costs. This is a significant step forward that will enable IKEA Retail to provide enhanced last mile delivery services to our customers, continue to improve on our customer promise, while also reducing our environmental footprint”, says Marcus Baumgartner, Customer Fulfilment Manager of Ingka Group.

 

Photo IKEA delivery to home
 

The investment is the latest in a series of investments made by Ingka Group that will strengthen its core retail business by investing in innovative companies in areas such as digitalisation and sustainability.

“We are very proud of this investment and the fact that IKEA sees the quality and perspectives of our business and the team that has made it happen. At Mover we enable businesses, big and small, to seamlessly plan, manage, measure and track their entire delivery ecosystem. By providing companies with a customised logistics solution, we bring transparency and control over how goods are transported and delivered, whether they are using in-house fleets, third party providers, or a combination of both. We have a strong business model combining the newest technology with flexible logistics solutions”, says Martin C. Hansen, CEO and co-shareholder of Mover Systems.

———–

About Mover Systems ApS

Mover, founded in 2016 and based in Copenhagen (Denmark), is a technology company focused on optimizing last-mile delivery for fleet owners and customers alike. The company provides customized last-mile logistics solutions for customers of all sizes and supply chain complexities.

Mover operates two business models in tandem:

  • Transport & Logistics: Mover is the outsourced provider of courier transportation and logistics for companies. Mover is responsible for orchestrating and managing their last-mile delivery administration via their platform. Mover’s strengths are their technological backbone and the large fleet of affiliated vehicles, providing them flexibility and efficiency gains that ultimately reduce cost.

  • Software & Consulting: Mover’s cloud-based Transport Management System is state-of-the-art and can easily be integrated in a company’s own digital environment, enabling the customer to tailor, optimize and manage their entire last-mile operations in-house via Mover’s technology platform (or a white-labelled version). 

In both models, Mover’s technology platform supports the logistics and management, providing transparency and full control of the way goods are being transported and delivered from A to Z.

Click on www.movertransport.com for more information.

Media enquiries


For further information, journalists and media professionals can contact us at press.office@ingka.com or by calling +46 70 993 6376

Media

Related articles

IKEA Retail Press Releases Sustainability

WEF Alliance of CEO Climate Leaders calls on all governments to deliver bold climate action ahead of COP27

Ingka Centres Press Releases

Ingka Centres open pop-up PlayLabs, bringing parents and children together in the spirit of play

IKEA Retail Press Releases Sustainability

Ingka Group welcomes new retail associations to the Race to Zero 2030 campaign, to accelerate climate action

IKEA Retail Ingka Centres Press Releases Sustainability

First ever Atelier100 product collection launch – all products made within 100km of London

IKEA Retail Press Releases Reports and Summaries

Increased growth of 5.6 percent for IKEA sales during exceptional times

Culture and Co-Workers IKEA Retail Press Releases

Join us in a live discussion on how companies can accelerate refugee integration

IKEA Retail Ingka Investments Press Releases

Ingka Investments to invest €100m in Social Housing Projects in Dublin

IKEA Retail Press Releases Sustainability

Climate Week NYC 2022 – Positive movements on the climate crisis but more action needed

IKEA Retail Press Releases

Ingka Group opens first IKEA planning studio in Australia as part of investment to get closer to customers

IKEA Retail Press Releases Sustainability

IKEA stores halve production food waste, saving more than 20 million meals over four years

IKEA Retail Press Releases Sustainability

Ingka Group joins Climate Week NYC – advocating for urgent climate action and policies

IKEA Retail Press Releases Sustainability

IKEA is making plant-based food more affordable and accessible for the many