Deutsche Post to acquire J.F. Hillebrand Group - CILT(UK)
Search
Search
You are here: Home > News > Latest News

 

What’s on your career development plan

 


 

 


LATEST NEWS

Deutsche Post to acquire J.F. Hillebrand Group

18 August 2021/Categories: CILT, Industry News, Freight Forwarding, Ports, Maritime & Waterways


Deutsche Post DHL Group has signed an agreement to acquire up to 100 per cent of J.F. Hillebrand Group and its subsidiaries at an equity value of around €1.5 billion. 

 

Hillebrand is a global service provider specialised in ocean freight forwarding, transport and logistics of beverages, non-hazardous bulk liquids and other products that require special care. 

 

Hillebrand generated revenue of around €1.4 billion in the last twelve months, will ship c.500,000 TEUs in 2021, and has more than 2700 employees worldwide.

 

Frank Appel, CEO Deutsche Post DHL Group said: "With the growing maturity of our freight forwarding business, this bolt-on acquisition of Hillebrand is highly complementary to our existing portfolio. In line with our Group Strategy, we strengthen our core logistics business and deliver profitable long-term growth.

 

"Using our financial strength, we are able to pursue quality investments while reinforcing our unchanged commitment to deliver on investor return expectations."

Print

Number of views (7860)

Theme picker

Registered Office:

Earlstrees Court, Earlstrees Road, Corby
Northants, NN17 4AX
Main Switchboard: 01536 740100

Company Registration Number: 2629347 
(A Company Limited by Guarantee)
Charity Registration Number: 1004963

© The Chartered Institute of Logistics and Transport