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

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

 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

Listing image

Ecom Global Systems

Ecom Global Systems (EGS) are a technology company focused on global ecommerce distribution logistics born out of the dotcom era. EGS are proud to include their eco-friendly returns management webportal ReverseGear, combined with their mobile apps which allow both clients and customers anywhere anytime access. […]

Find out more

Other Directory Listings

News Archive

Advertisement

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

Which PUDO technology supplier is most familiar to you?

Thank you for voting
You have already voted on this poll!
Please select an option!






Pin It on Pinterest

Share This