Source: Financial News

Hermes: Advent acquires Hermes UK in €1bn deal amid online sales boom

US-based private equity firm Advent is set to acquire a 75% stake in the parcel delivery business Hermes UK from its parent company Otto Group. The deal is valued at around €1bn including debt, a person familiar with the matter told Private Equity News.

Read full article »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Est. Annual Revenue
Est. Employees
Martijn de Lange's photo - CEO of Hermes Parcelnet Ltd.


Martijn de Lange

CEO Approval Rating


Hermes is a consumer delivery company that provides courier and parcel delivery services for businesses. Read more