Evri Limited

Evri Limited, formerly known as Hermes, is a UK-based logistics company providing affordable parcel delivery and courier services, catering to individual consumers and businesses with a wide range of competitive shipping options. Evri Limited specializes in parcel delivery and courier services. Founded in 1974, the company is headquartered in Leeds, UK. In July 2024, Apollo Global Management agreed to fully acquire Evri Limited from Advent International and OTTO Group for GBP 2.

7 billion. The company has successfully completed a total of 4 funding deals, with the latest round being a Secondary Buyout in which GBP 2. 7 billion was raised, bringing the total amount raised to GBP 2. 7 billion.

The current CEO is Martijn De Lange, alongside Olaf Schabirosky. Evri specializes in affordable parcel delivery and courier services within the UK and internationally. Their core product offerings include a range of parcel delivery options with competitive pricing, allowing customers to send parcels starting from GBP 2. 62.

The services cater to both individual consumers and businesses, facilitating the shipment of goods to over 200 global destinations. Customers can utilize a network of more than 10,000 ParcelShops and Lockers across the UK for convenient drop-off and pickup locations. Evri also provides tracking services, enabling users to monitor their parcels throughout the delivery process. Following the acquisition in July 2024, Evri Limited will leverage the support from Apollo Global Management to enhance its growth strategy.

This includes potential development of new services and expansion into untapped markets, although specific new products or geographic regions have not yet been disclosed. The rationale for the acquisition emphasizes commitment to growth, ensuring that Evri can continue to adapt and respond to market demands.