International technology group Körber has signed an agreement to acquire Siemens Logistics’ global mail and parcel business.
Siemens Logistics provides mail and parcel technology and advanced software for leading global logistics companies. Körber says the acquisition “significantly complements its supply chain offering”.
Siemens Logistics is a leading provider in Europe and also has a strong market presence in North America and a foothold in the fast-growing Chinese market.
With around 1,200 employees, Siemens Logistics mail and parcel business generates annual revenue of about EUR 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.
At the same time, there is a growing need to cope with higher delivery demands and increased pressure for shorter transportation times. The parcel automation market is expected to grow in double digits annually in the coming years.
Körber’s Business Area Supply Chain provides companies around the world with integrated software and automation solutions along the entire supply chain. The company provides tailored and seamlessly integrated, supply chain solutions including automation, software, SAP consulting, voice, robotics, and material handling.
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. “
Dirk Hejnal, CEO Körber Business Area Supply Chain, says: “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.”
Körber has some10,000 employees in more than 100 locations worldwide. It has a portfolio that includes: Business Areas Digital, Pharma, Supply Chain, Tissue and Tobacco.