DHL to merge with Evri.

DHL, a global logistics company that delivers parcels and packages, agreed to merge with Evri, a parcel delivery company. Financial terms were not disclosed. "We are excited that DHL eCommerce UK will merge with Evri to bring together two highly complementary UK businesses - committed to innovation and offering customers and clients the best possible service. By combining Evri's scale, innovation and DHL eCommerce's best-in-class premium van network, we are creating the pre-eminent parcel delivery group in the UK. Over the last decade Evri has grown ten-fold in size and this transaction will further expand our access into the European and global e-commerce markets. Since Apollo-managed funds came on board as our owners, they have backed our intent to drive forward and grow to become the UK's premier parcel delivery business," Martijn de Lange, Evri CEO.