Evri Expands Reach with Strategic Acquisition of Coll-8
Deal News | May 21, 2025 | EIN
Evri, supported by its owners Apollo Funds, has made a significant acquisition of the customs clearance and logistics company Coll-8. The multimillion-pound deal is aimed at enhancing Evri's parcel delivery and return services in the Republic of Ireland by integrating Coll-8’s digital customs platform. This acquisition is part of Evri's strategy to expand its end-to-end service offerings across Europe and positions Evri as a key player in the UK and Ireland delivery market. This move follows Evri's recent merger with DHL eCommerce UK, emphasizing its growth aspirations. Coll-8, known for its pioneering customs clearance solutions and extensive PUDO network, seeks to use this partnership to further accelerate its momentum in the logistics space.
Sectors
- Logistics and Transportation
- E-commerce
Geography
- Republic of Ireland – This is where Coll-8 operates its PUDO network, and it represents the primary geography for Evri's expansion post-acquisition.
- United Kingdom – Evri and its parent company, Apollos Funds, have significant operations and interests in the UK, and this acquisition also opens further cross-border trade opportunities between the UK and EU.
Industry
- Logistics and Transportation – The industry encompasses companies involved in the delivery and transportation of goods, which is the primary focus of both Evri and Coll-8.
- E-commerce – Coll-8 offers services that cater to the e-commerce sector by providing cost-effective and efficient customs clearance and delivery solutions, which align with online sales and delivery logistic needs.
Financials
- Multimillion-pound – The financial scale of Evri's acquisition of Coll-8, highlighting the significant investment into expanding delivery operations.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Evri | Acquiring Company | Company | Evri is a logistics and parcel delivery company aiming to enhance its services and market reach in Ireland and Europe through strategic acquisitions. |
| Coll-8 | Target Company | Company | A customs clearance and logistics specialist with a strong digital customs platform and physical network in the Republic of Ireland. |
| Apollo Funds | Owner of the Acquiring Company | Company | The private equity firm that owns Evri and supports its strategic growth initiatives. |
| DHL eCommerce UK | Strategic Partner | Company | Evri's partner through a recent merger agreement, indicating strategic integration in the UK delivery market. |
| Dave Field | CEO of Coll-8 | Person | The CEO and founder of Coll-8, involved in steering the company and its collaboration with Evri. |
| Martijn de Lange | CEO of Evri | Person | The CEO of Evri, leading the company’s strategic acquisition and expansion plans. |