DHL and Cainiao
15.02.2023
Wardyński & Partners has advised Cainiao Network, a global logistics provider from the Alibaba Group, in creation of a partnership with DHL eCommerce Solutions from the Deutsche Post DHL Group.
The work of the lawyers at the firm engaged in the project was supervised by Maciej A. Szewczyk and Izabela Zielińska-Barłożek. Kacper Czubacki and Oliwia Kruczyńska were also key members of the legal team.
The new venture aims to improve the quality and speed of Poland’s out-of-home delivery. In the transaction, DHL will acquire a stake in the shares of Cainiao’s subsidiary in Poland. In the first phase following the transaction, the two companies plan to invest EUR 60 million to install parcel lockers across the country, with the aspiration of forming one of Poland's largest access point networks.
The transaction is subject to merger control clearance in several jurisdictions. Approvals are expected within the next few months.