DHL eCommerce UK Set to Merge With Evri

By Nina Kienle

DHL eCommerce UK said it will merge with U.K's parcel delivery company Evri.

The German logistics group on Wednesday said that as part of the transaction it will acquire a significant minority stake in the combined new Evri group with multiple options to strengthen ties. Financial details weren't disclosed.

The merged business is poised to deliver more than 1 billion parcels and a further 1 billion business letters annually, DHL said.

Evri will retain its core branding and is set to operate under Evri Premium, a network of DHL eCommerce, it said.

Write to Nina Kienle at [e-mail]

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(END) Dow Jones Newswires

05-14-25 0651ET