Körber completes acquisition of Siemens Logistics’ mail and parcel business

Acquisitions

Summary

The international technology group Körber today announced the successful completion of the acquisition of Siemens Logistics’ global mail and parcel business. Additionally, Körber announced the move of headquarters of its Business Area Supply Chain to Constance, Germany. Based in Constance, Germany, the former Siemens Logistics’ mail and parcel business is a market leading solution provider for mail and parcel technology, automation and advanced software, serving leading global logistics providers. The business will accelerate the group’s growth prospects and complements its market offering as a global partner to the supply chain and e-commerce industry. The rise in e-commerce and changing consumer behavior continue to drive demand for automation and digitization throughout the entire supply chain, and especially in parcel processing.

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AI & Machine learning

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Technology Software Development Supply Chain Software

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Körber AG
$1M to $5M