M&A Deal Summary

Deutsche Post Acquires DHL eCommerce

On October 6, 2023, Deutsche Post acquired transportation company DHL eCommerce from Turkven

Acquisition Highlights
  • This is Deutsche Post’s 5th transaction in the Transportation sector.
  • This is Deutsche Post’s 1st transaction in Turkey.

M&A Deal Summary

Date 2023-10-06
Target DHL eCommerce
Sector Transportation
Buyer(s) Deutsche Post
Sellers(s) Turkven
Deal Type Add-on Acquisition

Target

DHL eCommerce

Istanbul, Turkey
DHL eCommerce is a logistics and parcel delivery company providing domestic and international courier, express, and cargo services through an extensive distribution network across Turkey. DHL eCommerce was founded in 2003 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Deutsche Post

Bonn, Germany

Category Company
Sector Transportation
Employees594,879
Revenue 84.2B EUR (2024)
DESCRIPTION

DHL Group is a logistics company that connects people and markets and is an enabler of global trade. It is focused on accelerating sustainable growth in its profitable core logistics businesses and Group growth initiatives. Deutsche Post is based in Bonn, Germany.


DEAL STATS #
Overall 9 of 10
Sector: Transportation M&A 5 of 6
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Turkey M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-18 Hillebrand

Mainz Hechtsheim, Germany

Hillebrand is a provider of logistics solutions operating in two specific niche markets beer, wine and spirits, and industrial bulk. Hillebrand was founded in 1844 and is based in Mainz Hechtsheim, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-31 CRYOPDP

Tremblay-en-France, France

CRYOPDP provides temperature-controlled logistics solutions to the clinical research, pharmaceutical, and cell and gene therapy markets. CRYOPDP is based in Tremblay-en-France, France.

Buy -

Seller(S) 1

SELLER

Turkven

Istanbul, Turkey

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Turkven is an independent private equity firm targeting opportunities throughout Turkey. Turkven looks for situations requiring buyout, expansion and refinancing capital and will consider majority or minority investment positions. Prospective companies typically generate sales of $30 to $500 million. The Firm does not have any sector preferences. Turkven was formed in 2000 and is based in Istanbul.


DEAL STATS #
Overall 12 of 13
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Turkey M&A 12 of 13
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Zuber

Istanbul, Turkey

Zuber is a provider of healthy snacks in Turkey. The entire product range is free-from additives and added sugar. The portfolio includes fruit bars, protein bars, peanut butter spreads, granolas, and savory chips. Zuber was founded in 2017 and is based in Istanbul, Turkey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-10 Koton

Istanbul, Turkey

Koton is a fashion retailer offering stylish apparel and accessories for women, men, and children. Koton was founded in 1988 and is based in Istanbul, Turkey.

Sell -