DPD Germany has purchased a 20% share in tiramizoo, a local Munich-based city courier portal, tooffer its customers delivery on the same day by the end of this year.
With this partial acquisition for an undisclosed sum, DPD becomes the largest externalshareholder in the start-up which already offers delivery in 90 minutes or within a specific timewindow in 15 German cities. These include Berlin, Bochum, Dortmund, Dresden, Düsseldorf, Essen,Frankfurt, Hamburg, Hanover, Cologne, Leipzig, Mainz, Munich, Nuremberg und Stuttgart with thegeographical coverage being continuously extended.
Founded three years ago, tiramizoo has a network of 1,200 couriers offering its customers localdeliveries at a time of their choice, right down to delivery within one and a half hours. Itsrevenues have not been disclosed.
Tiramizoo’s customers include German retail chains and online retailers such as the electronicsspecialists Conrad and Cyberport, the bookseller Thalia and other retailers in the fields offashion, electronics and books.
“Through our share in tiramizoo, we are taking a leading role among parcel services in a keymarket of the future”, said Boris Winkelmann, DPD Germany COO. “At the moment, same-day deliveriesare still a niche market, but we consider the growth potential in the years to come to be enormous.Same-day delivery is already highly attractive for service-oriented shippers and consumers. This iswhy we aim to make a same-day service available to our customers by the end of this year.”
Tiramizoo managing director Michael Löhr said: “I am delighted to welcome DPD on board as a newstrategic partner. What unites us is the aim of making transport of goods as simple and convenientas possible.”
Since September 2012, the leading car manufacturer Daimler has also been among the shareholdersof tiramizoo with both companies creating a comprehensive service range through integration ofinner-city mobility and transport services. Other shareholders include Bayern Kapital, Munich’sBayBG (Bayrische Beteiligungsgesellschaft mbH), the tiramizoo founders, including managing directorMichael Löhr, and the ‘business angels’ Burkhard Blum and Dirk Reiche, who will become the company’s second managing director.
