Körber acquires Siemens Logistics’ for 1bn euros - CILT(UK)
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LATEST NEWS

Körber acquires Siemens Logistics’ for 1bn euros

10 February 2022/Categories: Industry News, Logistics & Supply Chain, Operations Management


 

Körber, a leading provider of supply chain solutions in Europe, has acquired Siemens Logistics’ to complement its supply chain offering.  With the acquisition of Siemens Logistics’, Körber is set to significantly complements its supply chain offering.

As a leading provider in Europe with a strong market presence in North America and a foothold in the fast-growing Chinese market, the mail and parcel business of Siemens Logistics is ideally positioned for further growth.

At around 1,200 employees, Siemens Logistics mail and parcel business generates annual revenue of about €500 million. 

The rise in e-commerce and changing consumer behaviour continue to drive demand for automation and digitization throughout the entire supply chain, and especially in parcel processing. 

With the acquisition of Siemens Logistics’ mail and parcel business, Körber will complement its existing supply chain offerings and provide leading solutions in mail and parcel logistics. Körber is opening a complementary product offering and gaining access to the world’s leading logistics providers. This creates new opportunities for partnerships from which the Group’s existing customers can benefit. In turn, Siemens Logistics’ mail and parcel business will benefit from Körber’s end-to-end supply chain and global system integration capabilities. 


Stephan Seifert, CEO of the Körber Group, said:

 “Siemens Logistics as a key player in the global courier, express, parcel and e-commerce market is very well positioned with its global customer base. With Siemens Logistics’ mail and parcel business we broaden and complement our market offering as a globally leading partner to the supply chain and e-commerce industry – covering all relevant solutions such as hardware, software, digital and system integration. I am very excited about the combined opportunities of being a leading and trusted partner for the industry and our customers. One thing is certain: We are and will continue to be their technologically leading and reliable partner.”

Dirk Hejnal, CEO Körber Business Area Supply Chain, remarked:

“The team from Siemens Logistics’ mail and parcel business impressively combines machine-based processes with intelligent, digital automation technology creating comprehensive, value-creating solutions for major global logistics players. Siemens Logistics’ expertise in this area will no doubt strengthen our offerings and enhance our technology leadership.”

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