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HAMBURG: September 01, 2018. Hermes Germany has acquired the SEKO Logistics GmbH offices in Bremen and Frankfurt and joined the SEKO network as both companies develop their respective B2B and B2C businesses.

“We are delighted to have found in SEKO Logistics an internationally well-established partner that offers an ideal enhancement of the service spectrum of Hermes,” declared Hermes Europe managing director Stephan Schiller. “We will not only create synergy for the entire Hermes Group, [but] the existing customer bases of both companies will also profit from access to fulfilment solutions in the USA, Asia and Europe.”

Hermes SEKO GermanyBased in the US, SEKO Logistics operates over 120 offices in over 40 countries with a focus on Omni-channel logistics, technology, freight forwarding, surface transport, combined transport, demand chain solutions, warehousing and logistics services.

With their ‘BorderGuru’ and SEKO ‘Omni Parcel’ operations, the companies say they will be bringing start-ups to the partnership that specialise in cross-border, e-commerce solutions.

“We are extremely pleased to have gained a well-established partner in Hermes, one of the largest players on the European parcel and two-man-handling market and a highly efficient provider of supply chain solutions,” declared SEKO Logistics CEO James Gagne.

Hermes, which is a part of the Otto Group, plans to invest €500 million by 2020 with the focus this year on growing its cross-border parcel service.

Founded in Germany in 1949, the Otto Group is a retail and services business with around 51,800 employees operating in over 30 countries in Europe, the Americas and Asia. In the financial year ending February 28, 2018 the group produced revenue of €13.7 billion euros. E-commerce, catalogue sales and over-the-counter retail form the basis of its multichannel retail strategy.

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