Körber acquires Siemens Logistics’ mail and parcel business

The 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 providers. With the acquisition, Körber significantly complements its supply chain offering.

The rise in e-commerce and changing consumer behavior continue to drive demand for automation and digitization throughout the entire supply chain, and especially in parcel processing. Parcel volumes increase rapidly. At the same time, there is a growing need to cope with higher delivery demands and increased pressure for shorter transportation times that Siemens Logistics’ mail and parcel business addresses with a range of products and solutions to support hubs and end-to-end network processes. With the parcel automation market expected to grow double digit annually in the coming years.

Siemens Logistics’ mail and parcel business is positioned to benefit from these global trends and ongoing market growth together with Körber’s existing supply chain business. Körber’s Business Area Supply Chain provides companies around the world with integrated software and automation solutions along the entire supply chain. Customers benefit from 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 ecommerce 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.”

“The recent development of Siemens Logistics’ mail and parcel business demonstrates that our concept for our portfolio companies is enabling us to further develop businesses and make them fit for the future even when they are not part of our core business,” said Ralf P. Thomas, Chief Financial Officer of Siemens AG.

Dirk Hejnal, CEO Körber Business Area Supply Chain, says: “The team from Siemens Logistics’ mail and parcel business combines machine-based processes with digital automation technology creating value-creating solutions for major global logistics players. Siemens Logistics’ expertise in this area will strengthen our offerings and enhance our technology leadership.” The transaction is subject to customary closing conditions and regulatory approvals.

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