Deutsche Post DHL Group acquires Monta
Target: | Monta |
Seller: | Monta shareholders |
Advisory sell side: | Lincoln International | M&A Advisory JB Law| Legal Advisory Corporate M&A |
Buyer: | Deutsche Post DHL Group |
Advisory buy side: | EY | M&A and Tax Advisory, Financial Due Diligence LXA Advocaten| Legal Advisory Corporate M&A |
Date announced: | 2022-09-26 |
Deutsche Post DHL Group, a German logistics provider, has acquired Monta, an e-commerce company based in the Netherlands, known for e-fulfillment services, especially for small and mid-sized webshops.
The partnership underscores Deutsche Post DHL's strategic direction to strengthen its core logistics business and achieve long-term growth by focusing on the fast-growing e-commerce and e-fulfillment businesses.
Monta will be able to accelerate its strategic ambitions to help its clients expand internationally.
"Our vision is to roll out our successful business model in the Netherlands across the border, to help our customers scale their business internationally as well. Monta has recently expanded internationally, which already led to the international expansion of several Monta customers. This transaction further accelerates this development. For our staff, this transaction also expands their long-term career perspectives. We have been working with DHL for numerous years and experienced an excellent cultural fit. I am looking forward to a true partnership between the teams of Monta and DHL Supply Chain", says Edwin van der Ham, Owner and CEO of Monta.
"These plans signify our commitment to grow our e-commerce business across Europe and continue to provide the best fulfillment solutions for our customers. By forming a strong partnership with Monta we will strengthen our capabilities to respond even better to small and medium sized e-commerce customers' needs. I am delighted and looking forward to our mutual cooperation in the years to come", says Hendrik Venter, CEO DHL Supply Chain EMEA.
Source: DP DHL