"Alongside sustainability, globalization, and digitalization weidentified e-commerce as a megatrend in logistics and thereforemade it an area of focus in our DHL Group Strategy 2025 over thelast years," says Tobias Meyer, CEO DHL Group. "E-commerce remainsone of the biggest growth drivers for logistics services andespecially for parcel volumes. We, therefore, continuously work toexpand our footprint in the e-commerce sector - whether throughorganic or inorganic growth. MNG Kargo complements our businessportfolio and will help further to strengthen our position in thissector."
Frank-Uwe Ungerer, DHL eCommerce Chief Commercial Officer, PabloCiano, DHL eCommerce CEO, Hale Ozsoy Biyikli, MNG KargoShareholder, Kagan Gunduz, MNG Kargo CEO, Haydar Sancak, MNG KargoShareholder
For DHL eCommerce, the newly acquired parcel network, with 27mid-mile sorting centers and over 800 last-mile branches in allrelevant cities of Turkey, is a perfect addition to the Europeanparcel delivery network and thus becomes part of the business unit.Mainly driven by a young, dynamic population with a high affinityfor digital communication, the e-commerce market in Turkey isexpected to see double-digit growth in the coming years -significantly higher than in the EU markets. By combining DHLeCommerce's network and digital expertise with MNG Cargo's localfootprint, DHL Group will be perfectly situated to benefit from theenormous growth potential of the Turkish market.
"Our aspiration at DHL eCommerce is to provide our customerswith reliable, affordable, and sustainable e-commerce deliveryservices," says Pablo Ciano, CEO DHL eCommerce. "The backbone ofthis is our extensive network operated by us or throughpartnerships and our digital expertise and capabilities. Theacquisition of MNG Kargo will strengthen our network and help usconnect our customers with the Turkish market, and vice versa."
Amongst others, Turkey benefits from manufacturers' strive for amore resilient supply chain setup and already has an establishedstrong manufacturing base, such as the e-commerce-driven textileindustry. DHL Express inaugurated a new, state-of-the-art hub atIstanbul Airport in 2021, and only recently, DHL Global Forwardingannounced it would be intensifying its cooperation with TurkishCargo. Despite MNG Kargo becoming part of DHL eCommerce, all DHLdivisions and their customers will profit from the synergies of thenewly acquired company. MNG Kargo, in turn, will benefit from DHLGroup's international logistics expertise and extensive globalnetwork.
The transaction is subject to merger control clearance by theTurkish Competition Authority as well as approval of the TurkishInformation and Communications Technologies Authority.
