As of September 1, 2018, Hermes Germany will be taking over SEKO Logistics GmbH with offices in Bremen and Frankfurt becoming its legal successor. All employees of both SEKO offices in Germany will be incorporated into the new structure. The deal also begins an alliance between the two, as the partners aim to combine their competencies in B2B and B2C businesses.
The SEKO network, covering 120 branches in over 40 countries, is focussed on omni-channel logistics, 2-man-handling-solutions, technology, international air and ocean freight, surface transport, combined transport, demand chain solutions, warehousing and logistics services. Using this network, Hermes Group is looking to increase its international growth potential, particularly in view of the e-commerce markets in the USA, Asia and Europe. SEKO Logistics, in turn, is looking to profit from the Hermes distribution network in Europe. With BorderGuru and SEKO Omni Parcel, both companies will be bringing start-ups into the partnership that are specialised in cross-border e-commerce solutions.
Along with digitisation and customer-oriented, flexible services, the Hermes Group’s focus in 2018 is internationalisation. By 2020, the Hermes Group, plans to make investments of approximately €500m across all business units. The main focus in the current financial year includes the growth of the cross-border parcel service, which is to be promoted by business units such as Hermes International.
“With this acquisition, we will not only create synergy for the entire Hermes Group, the existing customer bases of both companies will also profit from the changes brought about by a broader product portfolio.” Said Stephan Schiller, Managing Director Hermes Europe.
Source: Hermes
