Otto Group Acquires Advent's Minority Stake in Hermes Germany
November 3, 2025
Advent International has entered into an agreement to sell its minority stake in Hermes Germany, a logistics services provider in Germany, to the Otto Group. The transaction is expected to close by year end and follows Advent’s 2020 investment arrangement in which it acquired a majority stake in Evri and a minority stake in Hermes Germany alongside Otto Group.
- Buyers
- Otto Group
- Targets
- Hermes Germany
- Sellers
- Advent International
- Industry
- Logistics & Distribution
- Location
- Germany
- Transaction Type
- Divestiture
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