PRESS RELEASE
Advent to sell its minority stake in Hermes Germany to Otto Group
Frankfurt, Hamburg 3 November, 2025 – Advent International (“Advent”), a leading global private equity investor, today announces that it has entered into an agreement to sell its minority stake in Hermes Germany, a leading logistics service provider in Germany, to the Otto Group. The transaction marks the conclusion of a strategic partnership established in 2020, when Advent acquired …
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