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Körber acquires Siemens Logistics’ mail and parcel business
KOERBER

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.

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Siemens Logistics provides cutting-edge mail and parcel technology and advanced software for leading global logistics providers. With the acquisition, Körber significantly complements its supply chain offering.

As a leading provider in Europe with a strong market presence in North America and a foothold in the fast-growing Chinese market, the mail and parcel business of Siemens Logistics is ideally positioned for further growth. The company provides mail and parcel technology and fully automated solutions for digitized mail and parcel processing for leading global logistics companies. With around 1,200 employees, Siemens Logistics mail and parcel business generates annual revenue of about €500 million.

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