Körber Acquires the Mail and Parcel Business of Siemens Logistics

The international technology group Körber has signed an agreement to acquire the global mail and parcel business of Siemens Logistics. Siemens Logistics offers state-of-the-art mail and parcel technology as well as advanced software for leading global logistics providers. With this acquisition, Körber significantly expands its supply chain offerings.

(Hamburg/Munich) As a leading provider in Europe with a strong market presence in North America and a foothold in the rapidly growing Chinese market, the mail and parcel business of Siemens Logistics is ideally positioned for further growth. The company provides mail and parcel technology as well as fully automated solutions for digitized mail and parcel processing for leading global logistics companies. The mail and parcel business of Siemens Logistics generates an annual revenue of approximately 500 million euros with around 1,200 employees.

The growth in e-commerce and changing consumer behavior are driving the demand for automation and digitization across the entire supply chain, particularly in parcel processing, as parcel volumes increase rapidly. At the same time, delivery requirements are rising, and there is pressure to further shorten transport times. The mail and parcel business of Siemens Logistics addresses this with a range of products and solutions to support hubs and end-to-end network processes. The parcel automation market is expected to grow at double-digit rates annually in the coming years. The mail and parcel business of Siemens Logistics is ideally positioned to benefit from these global trends and the ongoing market growth, alongside Körber’s existing strong supply chain business.

Fully Integrated Software and Automation

Körber’s supply chain business unit offers companies worldwide fully integrated software and automation solutions across the entire supply chain. Customers benefit from tailored and seamlessly integrated supply chain solutions that include automation, software, SAP consulting, voice, robotics, and material handling.

With the acquisition of the mail and parcel business of Siemens Logistics, Körber expands its existing supply chain offerings and will provide innovative solutions in mail and parcel logistics. Körber gains a complementary product portfolio and access to the world’s leading logistics providers. This creates new opportunities for partnerships that existing customers of the group can benefit from. In return, the mail and parcel business of Siemens Logistics will benefit from Körber’s end-to-end expertise in supply chain and global system integration.

Broadening the Market Offering

Stephan Seifert, CEO of Körber AG, says: “Siemens Logistics is excellently positioned as a leading provider in the global courier, express, parcel, and e-commerce market with its customers worldwide. With the mail and parcel business of Siemens Logistics, we are broadening and complementing our market offering as a globally leading partner in the supply chain and e-commerce industry – for all relevant solutions such as hardware, software, digitization, and system integration. I am excited about the opportunities that arise for our joint future and collaboration with our customers. One thing is already certain: we are and will remain a technologically leading and reliable partner.”

“The recent excellent performance of the mail and parcel business of Siemens Logistics has shown that we are capable of further developing and future-proofing businesses with our concept of portfolio companies, even if they do not belong to our core business,” says Ralf P. Thomas, CFO of Siemens AG.

Mechanical Processes Combined with Automation Technology

Dirk Hejnal, CEO of Körber’s supply chain business unit, says: “The team of the mail and parcel business of Siemens Logistics impressively combines mechanical processes with intelligent, digital automation technology, creating comprehensive, value-adding solutions for large global logistics companies. Siemens Logistics’ expertise in this area will undoubtedly strengthen our offerings and enhance our technological leadership.”

The transaction is subject to the usual closing conditions and regulatory approvals.

Photo: © Körber