Rhenus acquires a 15 per cent stake of C Chez Vous alongside Geopost

Press Release

Rhenus, the European market leader in the delivery of home & living goods on the last mile, has acquired from Geopost 15 per cent of the shares in the French logistics service provider C Chez Vous effective as of 28 June 2024. Geopost retains 80 per cent of the shares. With this transaction, Rhenus is entering the French home delivery market for the first time. This new structure, through the facilitation by Geopost, will enable C Chez Vous to benefit from the expertise and contributions of Rhenus’ position as European leader in the home & living logistics market.

The transaction was signed at the Geopost headquarters in Paris on 28 June 2024 by Yves Delmas, CEO of Geopost, Dr. Stephan Peters, Member of the Management Board of the Rhenus Group, Rubén Ruiz, CEO Overland Transport as well as Nils Thiesen and Pedro López, Co-Managing Directors of Rhenus. Thanks to this transaction, Rhenus further strengthens its presence in Europe and now offers its home delivery clients access to 15 European countries.

“Entering the French home delivery market is a logical step towards expanding the presence of Rhenus in Europe. There are almost 70 million potential consignees in France. As a part of C Chez Vous, we want to capitalise on this. We are also pursuing the goal of developing a standardised European home delivery product. Thanks to a clear product definition, standardised interfaces and availability, we will be able to serve our increasingly European customers even better”, says Dr. Stephan Peters, Member of the Management Board of the Rhenus Group.

“We are thrilled to join forces with Rhenus, giving them access to the French home delivery market, as well as providing expertise in this very specific market for heavy and bulky goods. We look forward to building on our strengths and interrelations”, comments Yves Delmas, CEO of Geopost.

“Like Rhenus, C Chez Vous specialises in delivering heavy and bulky goods. We've gained a strong partner in Rhenus, which already has a European footprint and can strengthen our positioning in terms of service orientation, quality endeavours and sustainability," emphasises Fabien Jazmati, Managing Director of C Chez Vous.

Rhenus laid the foundations for the Home Delivery business line 20 years ago. Today, taking a leading position in last-mile and home delivery operations, the global logistics service provider now offers full European market coverage.

C Chez Vous was founded in 2008. Geopost acquired a majority stake in 2022. With an annual shipment volume of 1.4 million, 400 pick-up points and six countries in which goods are delivered, C Chez Vous is one of the leading French logistics service providers specialising in the delivery of goods weighing over 30 kilograms to the point of use. The company will be operating under the brand C Chez Vous powered by Geopost & Rhenus in future.

About Rhenus

The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 7.5 billion. 40,000 employees work at 1,320 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.

About Geopost

Geopost, a European leader in parcel delivery and solutions for e-commerce, operates in more than 50 countries across all continents through its network of expert delivery brands, including: DPD, Chronopost, SEUR, BRT, Speedy and Jadlog. Leveraging its industry-specific expertise, Geopost is further growing the development of Out-Of-Home delivery services with Pickup, one of the densest parcel shop and locker network in Europe and is also expanding temperature-controlled solutions for food and healthcare business. In a world of acceleration and transformation, Geopost engages and embraces new e-commerce territories with ESW via Asendia, epicery and Pourdebon.com.

With 57,000 employees, Geopost endeavors to make commerce more convenient, profitable and sustainable for their customers and communities. Committed to becoming an international reference in sustainable delivery, Geopost is the first global delivery company to have its roadmap to Net Zero by 2040 approved by the Science Based Targets initiative (SBTi).

Part of the La Poste group, Geopost generated a €15.7 billion revenue and delivered 2.1 billion parcels worldwide in 2023.

Press contact Rhenus in Germany

additiv pr GmbH & Co. KG

Herzog-Adolf-Straße 3
56410 Montabaur
Germany

[email protected]

Press contact Rhenus in Germany | additiv pr GmbH & Co. KG

Rhenus Group acquires a 15 per cent stake of C Chez Vous, becoming a shareholder alongside Geopost

About Rhenus and Geopost

About Rhenus

About Geopost

ABOUT RHENUS