Singapore Post subsidiaries complete merger

FMH Group has merged with a parcel delivery firm. Together, with a total annual revenue of $1.3 billion AUD, they have created one of the largest logistics companies in Australia.

CouriersPlease and FMH Group have completed a merger, effective 27 June.

This development sees consumer parcel delivery combined with broader logistics, transportation and warehousing capabilities which is reported to make 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.”

CouriersPlease and FMH Group are both subsidiaries of Singapore Post. The merger represents a strategic decision to optimise excellence across the two organisations.

“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.”

CouriersPlease will continue to operate under its own brand, from its own offices and with its existing team of employees and franchise partners.

“The driver of this strategic merger is growth,” said Slagter.

“Our people have always been and will continue to be critical to our success.”

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 our customers.

Last year, another subsidiary of Singapore Post acquired Border Express.

In other news, CouriersPlease launched a new facility in Perth, Australia, to bolster its e-commerce services.

CouriersPlease, CEO, Richard Thame, said the facility will more than just enhance logistics services for businesses and consumers throughout the region but allow CouriersPlease to better support the people of Perth and its retailers.

“The larger footprint of this innovative facility allows us to ramp up our processing speeds and essentially do what do now, but better, to help [Western Australia] businesses flourish further.

“This space also enables us to process parcels more efficiently and, thanks to that added volume, we can quickly expand and provide density for our new franchise partners.”

As CouriersPlease continues to expand logistics operations in Western Australia, WA State Manger, Jamie Burgess, said the new facility will enhance operational capacity and streamline processes.

“[it will allow] us to efficiently manage a projected volume of over four million parcels per year,” said Burgess.

“The strategic location in Kalamunda allows us better access across Perth, directly benefiting our delivery efficiency and the overall customer experience.”

The new Perth facility features EV charging stations, solar arrays and internal ventilation and rainwater harvesting.

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