Finance
Germany's DHL to boost UK deliveries, takes minority stake in Apollo's Evri
Published by Global Banking & Finance Review®
Posted on May 14, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 14, 2025
1 min readLast updated: January 23, 2026
DHL acquires a minority stake in Apollo's Evri, merging it with DHL eCommerce UK to enhance UK deliveries and expand cross-border services.
FRANKFURT (Reuters) -German postal services group DHL said on Wednesday it would buy a "significant" minority stake in private equity firm Apollo's British parcel delivery business Evri, under a deal to merge it with its DHL eCommerce UK unit.
DHL, which did not provide financial terms of the deal, said the merged Evri business will deliver more than 1 billion parcels and a further 1 billion business letters annually.
The deal would give Evri access to DHL’s network in Europe, the U.S. and some Asian markets such as India, allowing it to offer faster cross-border transit times, the statement said.
The agreement will also see Evri entering the British business letter market, it added.
(Reporting by Matthias InverardiWriting by Ludwig Burger)
The main topic is DHL's acquisition of a minority stake in Apollo's Evri to enhance UK deliveries and expand services.
The deal allows Evri to access DHL's global network, improving cross-border transit times and entering the UK business letter market.
The key players are DHL, Apollo, and Evri.
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