Fedex is the likely buyer of the Hermes business in Germany, Great Britain and France

May 28, 2020 | E-Commerce, Parcel | 0

FedEx Corp is close to taking a stake in German parcel delivery firm Hermes, the Handelsblatt reported yesterday.

Petra Scharner-Wolff, the finance chief of Hermes, which is owned by e-commerce group Otto, as reported by Reuters, earlier on Wednesday said the firm’s effort to find a strategic partner for its European parcel service had garnered broad interest.

Also Handelsblatt stated that financial investor Advent was still in the running for a stake in the Hermes in Britain.

Read the full story on Reuters here.

Relevant Directory Listings

Rovenma

Since 2016, Rovlocker systems have been operating successfully 24/7 across different regions of the world and under diverse climate conditions. Rovenma has been successfully deploying parcel locker networks for major operators including The Courier Guy in South Africa, Trendyol, Pudo, and PTT in Türkiye, as […]

Find out more

Other Directory Listings

KEBA

Find out more

P&P Poll

How ready do you feel for the de minimis changes coming in July?

Thank you for voting

You have already voted on this poll!

Please select an option!

I’m ready for the changes
I’m somewhat prepared, but still have concerns
I’m aware of the changes, but not sure what they mean for me
What changes?

View Results Hide Results

Post & Parcel Magazine

Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

Featured

UPS: we’re doing more than moving packages

Featured

Rural UK Post Offices "bearing the brunt of major hike in business rates bills"

Fm Logistic: Our goal was not simply to acquire capacity, but valuable know-how

Royal Mail supports UK's low carbon transition

Poczta Polska strengthens its cash logistics