Singapore Post subsidiaries, CouriersPlease and FMH Group, have announced the completion of their merger.
The merger combines both of the companies’ unique strengths and capabilities to drive innovation in the logistics industry and deliver enhanced value to customers.
It brings the total annual revenue of FMH Group to $1.3 billion, making it one of the top five largest logistics companies in Australia.
“Our merger with CouriersPlease represents an exciting milestone for us,” said FMH Group CEO, Simon Slagter.
“They are a renowned brand in consumer parcel delivery with a rich history spanning more than 40 years.
“Together, we will leverage our unique strengths and capabilities to improve our operational excellence, enhance our service offering, and ultimately, better serve our customers.”
The merger represents a strategic decision to optimise excellence across the two organisations, bringing together CourierPlease’s expertise in consumer parcel delivery with FMH Group’s leadership across logistics technology, transportation, warehousing and fourth-party logistics.
“We are thrilled about the possibilities that lie ahead,” said CouriersPlease CEO, Richard Thame.
“FMH Group has achieved significant growth in a short amount of time due to its technological innovation and vision to create a new logistics ecosystem that creates true supply chain efficiency.
“By joining forces, we are well-positioned to deliver superior value to our customers, create new opportunities for our employees and Franchise Partners, and drive sustainable growth.”
In a seamless transition, CouriersPlease will continue to operate under its own brand, from its own offices and with its existing team of employees and franchise partners.
FMH Group said it will remain business as usual for the two businesses as they gradually integrate their systems to strengthen their ability to deliver more value to customers.
