Is Hermes Owned by FedEx?

|

thedutchladydesigns

by

If you’re interested in the world of logistics and shipping, you may have heard rumors that Hermes is owned by FedEx. In this article, we’ll take a closer look at these rumors to determine whether or not they’re true.

What is Hermes?

Before we dive into the ownership of Hermes, let’s first establish what this company is all about. Hermes is a German delivery service that specializes in parcel delivery. The company was founded in 1972 and has since grown to become one of the largest delivery services in Europe.

What is FedEx?

FedEx, on the other hand, is an American multinational courier delivery services company. It was founded in 1971 and has become one of the world’s largest courier delivery services companies. FedEx operates globally, providing transportation, e-commerce, and business services.

The Rumor

Now that we have established what both companies are about let’s address the rumor: Is Hermes owned by FedEx? The short answer is no. These two companies are not related in any way when it comes to ownership.

Why This Rumor Exist?

It’s unclear where this rumor originated from. However, there may be some confusion because both companies operate in similar industries – parcel and courier delivery services. Additionally, both companies have partnerships with each other for international deliveries.

Hermes’ Ownership

Hermes is actually owned by the Otto Group – a German retail and services company. The Otto Group also owns other major brands such as Crate & Barrel and Bonprix.

FedEx’ Ownership

On the other hand, FedEx is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol FDX. This means that anyone can buy shares in the company if they choose to invest.

Conclusion

In conclusion, there is no truth to the rumor that Hermes is owned by FedEx. These two companies are entirely separate entities with different ownership structures. However, both companies are leaders in their respective industries, providing reliable and efficient delivery services to customers worldwide.

6 Related Question Answers Found

Is Hermes a UK Company?

Are you wondering if Hermes is a UK company? The answer is yes! Hermes is a delivery company that was founded in Germany, but it also operates in the UK.

Is Hermes a Black Owned Company?

Have you ever wondered if Hermes, the luxury fashion brand, is a black-owned company? This question has been asked by many people in recent times. And while there may be speculation or rumors surrounding the topic, it’s important to know the facts.

Is Hermes a British Company?

Hermes is a luxury fashion brand that has been around for over 180 years. With its iconic orange boxes and bags, the brand has become synonymous with high-end fashion and sophistication. But is Hermes a British company?

Is Federated Hermes a Public Company?

Have you been wondering whether Federated Hermes is a public company? Well, the answer is yes! Federated Hermes, Inc. (NYSE: FHI) is a publicly traded investment management firm that offers a wide range of financial products and services to individuals, institutions, and corporations.

Is Federated Hermes a Broker Dealer?

If you’re an investor interested in Federated Hermes, you may be wondering if the company is a broker-dealer. In short, yes, Federated Hermes is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC).

Is Hermes a Shipping Company?

Are you wondering if Hermes is a shipping company? Well, the answer is yes! Hermes is a popular shipping company that operates in various countries around the world.