Hermes Logistik eyes acquisition in Spain
Hermes Logistik is considering an acquisition in Spain and potentially elsewhere to strengthen its European B2C network, according to the company’s management.
Managing director Hanjo Schneider told the Deutsche Verkehrs-Zeitung (DVZ) that in Spain the Otto Group subsidiary was seeking “a solution in the next 12 – 18 months”. The Spanish B2C market is currently at an early stage of development, according to experts.
Hermes currently covers five countries, representing about 85 pct of the European B2C market, through its own network, Schneider said. The UK and France are served by Otto Group subsidiaries Parcelnet and Mondial Relay, while Hermes started operations in Austria in summer 2007.
In Italy, Hermes bought a 30 pct holding in Porta a Porta, which is majority-owned by Swiss Post, in October 2007. The Swiss postal group, however, might be prepared to split off the Italian company’s parcels distribution business, and sell it to Hermes completely, whilst retaining the mail and logistics activities, the DVZ reported.
Hermes currently uses partners to deliver to other European destinations. TNT covers the Benelux area, Swiss Post covers Switzerland, and DPD is used for all other markets.
French sister company Mondial Relay last year announced plans to expand into Belgium, Spain and Portugal, while British operator Parcelnet grew with the acquisition of the Redcats courier network last spring.
Hermes Logistik is considering an acquisition in Spain and potentially elsewhere to strengthen its European B2C network, according to the company’s management.
Managing director Hanjo Schneider told the Deutsche Verkehrs-Zeitung (DVZ) that in Spain the Otto Group subsidiary was seeking “a solution in the next 12 – 18 months”. The Spanish B2C market is currently at an early stage of development, according to experts.
Hermes currently covers five countries, representing about 85 pct of the European B2C market, through its own network, Schneider said. The UK and France are served by Otto Group subsidiaries Parcelnet and Mondial Relay, while Hermes started operations in Austria in summer 2007.
In Italy, Hermes bought a 30 pct holding in Porta a Porta, which is majority-owned by Swiss Post, in October 2007. The Swiss postal group, however, might be prepared to split off the Italian company’s parcels distribution business, and sell it to Hermes completely, whilst retaining the mail and logistics activities, the DVZ reported.
Hermes currently uses partners to deliver to other European destinations. TNT covers the Benelux area, Swiss Post covers Switzerland, and DPD is used for all other markets.
French sister company Mondial Relay last year announced plans to expand into Belgium, Spain and Portugal, while British operator Parcelnet grew with the acquisition of the Redcats courier network last spring.
