Deutsche Post DHL acquires 27.5% stake in French delivery company
Deutsche Post DHL Group announced its plans to invest in a minority stake in Relais Colis, a package delivery company from France. With this investment, the German logistics company wants to enhance the access for its DHL divisions and their customers to the French ecommerce market.
International Retail Index 2019 The definitive guide to international retail in 2019 and beyond. How do you rank? Find it out now.
Deutsche Post DHL announced the stake investment in an official press release on its website. The 27.5 percent stake in Relais Colis will support further development of the French company’s network of pickup points and specialized delivery services. “This will allow DHL’s divisions, primarily DHL Parcel, to open up additional channels and expand its offering of logistics services for ecommerce customers to the French market”, DHL explains. But the investment should not only be beneficial for DHL, Relais Colis is said to also reap the benefits, especially from the additional volumes of DHL’s networks and the company’s knowhow.
About Relais Colis
Relais Colis has partnered with several popular ecommerce players and offers some specialized solutions, including pickup point deliveries and home deliveries for larger packages. It currently employs about 450 people, with a network of 3 national hubs, 22 branches and 4,800 pickup points conveniently located close to end consumers.