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Evri cashes in on second-hand boom with record number of deliveries
Evri cashes in on second-hand boom with record number of deliveries

The Independent

time23-07-2025

  • Business
  • The Independent

Evri cashes in on second-hand boom with record number of deliveries

Evri delivered more parcels than ever over the past year as it cashed in on the growth of 'bedroom CEOs' selling second-hand items and newer delivery opportunities like car parts and flowers. The West Yorkshire-based group said it delivered more than 807 million parcels over the year to the end of February. This was 11% more than the 730 million the previous year, and represents a 25% increase in parcel numbers in the last two years. Revenues for the company jumped by 12% to £1.85 billion year-on-year, it revealed. Evri said sales growth was partly fuelled by the booming popularity of second-hand marketplaces like eBay and Vinted, which has shown no sign of easing. The trend for buying and selling items online has created more opportunities for the parcel firm, with social media platforms like TikTok's shop helping change shopper behaviour, it said. Martijn de Lange, Evri's chief executive, said: 'It was a year that saw us expand our client base into new sectors, including fresh food, car parts and floristry, and grow our presence in existing ones. 'We continue to meet increased demand for customer-to-customer deliveries for online marketplaces, as buyer and seller behaviour changes – fuelled by scroll and spend social commerce sites such as TikTok's shop. 'Evri's tech-enabled convenience is equipping a growing army of bedroom CEOs who are shaping the future of ecommerce.' Evri, which was previously part of the Hermes parcel group, revealed that it spent £57 million over the financial year on its operations and technology in a bid to improve service levels. It has previously highlighted an improvement in its ratings over recent years but said there was 'more to do' to improve with some customers continuing to report delivery issues. The group recently announced it was joining forces with DHL's UK ecommerce arm to form one of the country's biggest delivery firms. The deal means Evri will enter the UK business letter market for the first time, bolstering its competition to Royal Mail.

Evri and DHL UK merger planned to deliver Royal Mail rival
Evri and DHL UK merger planned to deliver Royal Mail rival

Sky News

time14-05-2025

  • Business
  • Sky News

Evri and DHL UK merger planned to deliver Royal Mail rival

A tie-up between Evri and DHL's UK parcel delivery business has been agreed, potentially creating a larger rival to Royal Mail. The merger, which is subject to scrutiny and approval by the Competition and Markets Authority, will see DHL Group take a "significant minority stake" in Evri. The pair will operate in future as Evri Group. The planned combination will bring together more than 30,000 couriers and van drivers, and 12,000 further workers, handling more than one million parcels and one million letters per year at current levels. The business will be led by Evri's chief executive Martijn de Lange, the pair said in a statement. The proposed deal, which will see Evri handle letter deliveries for the first time, would lead to greater choice and cost-competitive solutions, they said. Mr de Lange added: "We are excited that DHL ecommerce UK will merge with Evri to bring together two highly complementary UK businesses, committed to innovation and offering customers and clients the best possible service. "By combining Evri's scale, innovation and DHL ecommerce's best-in-class premium van network, we are creating the pre-eminent parcel delivery group in the UK." The agreement was announced as Royal Mail's parent company comes under the ownership of Czech billionaire Daniel Kretinsky's EP Group, following a protracted £3.6bn takeover. Royal Mail was long a drag on the performance of the IDS group amid a series of bitter union rows with Royal Mail management.

Evri merges with DHL UK ecommerce arm to form parcel giant
Evri merges with DHL UK ecommerce arm to form parcel giant

The Independent

time14-05-2025

  • Business
  • The Independent

Evri merges with DHL UK ecommerce arm to form parcel giant

Evri is to merge with rival DHL's UK ecommerce business in a move which will create one of the UK's largest delivery firms. German-owned DHL Group will acquire a 'significant minority stake' in Evri as part of the deal. The two operations, which will operate as Evri Group, will bring together more than 30,000 couriers and van drivers, and 12,000 further workers. Evri, which was previously part of the Hermes parcel group, was snapped up by US private equity firm Apollo for around £2.7 billion last year. Apollo will remain the majority shareholder in the business. The combined company will deliver more than one billion parcels and one billion letters each year, the firms said. They said the merger will offer 'greater choice and cost-competitive solutions' to businesses and consumers, and expand import and export capabilities. The deal will also see Evri entering the UK business letter market for the first time, bolstering its competition to Royal Mail. Martijn de Lange, chief executive of Evri, said: 'We are excited that DHL ecommerce UK will merge with Evri to bring together two highly complementary UK businesses, committed to innovation and offering customers and clients the best possible service. 'By combining Evri's scale, innovation and DHL ecommerce's best-in-class premium van network, we are creating the pre-eminent parcel delivery group in the UK.' Pablo Ciano, chief executive of DHL ecommerce, said: 'DHL ecommerce and Evri both stand for top service quality, reliability and sustainability, which makes this partnership a great fit for our customers. 'Together, we'll be able to offer more efficient, far-reaching and innovative solutions to keep up with the fast-paced e-commerce market.'

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