Korber, which is an international technology group announced the fortunate completion of Siemens Logistics’ acquisition, which is a company dealing in the mail and parcel business globally. Alongside, Korber has also announced the shift of its Business Area Supply Chain headquarters to Constance in Germany. Based in the same place, the company formerly known as Siemens Logistics mail and parcel business provides solutions for the technology of mail and parcel, advanced and automation to the leading logistics companies software and is one of the global leading businesses.
The company explained that the mail and parcel business will always be one of the vital businesses of the Korber group and will also help the company to develop by accelerating its growth prospects that will accompany the market norms and offerings, which the company is providing over the years as a global partner to the e-commerce and supply chain industry. It also mentioned that the headquarters of Korber’s supply chain will shift to Constance, Germany from its already position in Bad Nauheim, Germany. The corresponding expertise of the company if brought together will help the company to scale and spot the supply chain business area of Korber as the global leader in the industry of end-to-end supply chain technology.
Korber, an international technology group announced the fortunate completion of Siemens Logistics’ acquisition.
The acquisition of Siemens Logistics will benefit customers and partner businesses around the globe with the expertise of the two groups as an international company expanding its range from single solutions to large-scale projects to compete with the entire system of software solutions. In the upcoming years, there is an expectation for the parcel automation industry to grow at a double-digit rate every year. The demand for digitization and automation continues to increase due to the rise in e-commerce and consumer behaviour that keeps changing throughout the supply chain industry and parcel processing.
The Group Executive Board Member of Korber AG and also the chief sales officer, Rami Jokela expressed his delight to extend the core business of the group with a company like Siemens Logistics’ mail and parcel business. The company will now invest in solutions to provide support to new and existing customers, to meet their needs and demands. On the other hand, Dirk Hejnal, who is the chief executive officer at Korber Business Area Supply Chain said mentioned that the move of the company’s headquarters will bring the teams together along with the combined knowledge and passion for advanced technology.
The corresponding expertise of the company will help them to scale and spot the supply chain business area of Korber as the global leader.
The CEO of Siemens Logistics’ mail and parcel business, Thomas Amend said that Siemens is happy to be a strong part of Korber and its supply chain business. The combined solutions and knowledge of both companies are just perfect. He also expressed confidence that Siemens will add a noteworthy contribution to Korber in its efforts to become a global leader in end-to-end supply chain technology. The agreement to sell its mail and parcel business to Korber was announced by Siemens Logistics earlier in February this year, for the acquisition of €1.15 billion. The company will now focus on flexible solutions and products for freight handling, especially focusing on digitization and automation.