Who Is Hermes Delivery Owned By?

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Are you curious about who owns Hermes Delivery? Well, you’ve come to the right place. In this article, we’ll dive into the ownership of Hermes Delivery, one of the leading delivery companies in the United Kingdom.

The History of Hermes Delivery

Hermes Delivery was founded in 2009 and has quickly become one of the most prominent players in the delivery industry. The company offers a wide range of services, including next-day delivery, international delivery, and parcel collection services.

Who Owns Hermes Delivery?

Hermes Delivery is owned by Hermes Group, a German-based company that specializes in logistics and deliveries. The company was founded in 1972 and has since grown to become one of the largest logistics companies in Europe.

Hermes Group Ownership Structure

The ownership structure of Hermes Group is somewhat complicated. The company is owned by Otto Group, a German retail giant that owns numerous other companies. However, Otto Group only owns a minority stake in Hermes Group.

The majority stake in Hermes Group is owned by two investment firms: Advent International and the Canada Pension Plan Investment Board (CPPIB). Advent International is a global private equity firm that focuses on investing in businesses across various sectors.

CPPIB is a Canadian investment management company that manages funds on behalf of the Canada Pension Plan. The company invests globally across various asset classes, including private equity.

Hermes UK Ownership Structure

While Hermes Delivery is ultimately owned by Hermes Group, it’s important to note that there are separate ownership structures for different regions where it operates. In the UK, for example, Hermes UK is owned by a holding company called ParcelHoldco.

ParcelHoldco is jointly owned by Otto Group and GUS Home Shopping Limited (GHSL), another UK-based retail company. GHSL owns 80% of ParcelHoldco, while Otto Group owns the remaining 20%.

Conclusion

In summary, Hermes Delivery is owned by Hermes Group, which is in turn owned by Advent International and CPPIB. However, it’s important to note that there are separate ownership structures for different regions where the company operates. In the UK, for example, Hermes UK is jointly owned by GHSL and Otto Group through a holding company called ParcelHoldco.

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