On July 8, 2024, the Rhenus Group announced the acquisition of a 15% stake in the French logistics service company C Chez Vous, becoming a shareholder alongside Geopost. The transaction, finalized on June 28 at Geopost's headquarters in Paris, marks Rhenus's entry into the French home delivery market, expanding its presence in Europe. The majority of the capital, 80%, remains in the hands of Geopost.
"With nearly seventy million potential recipients, entering the French home delivery market is a significant step in our European expansion strategy," explained Stephan Peters, a member of the Rhenus Board of Directors. "By collaborating with C Chez Vous, we aim to develop a uniform European home delivery product, enhancing our ability to serve European customers with efficiency and quality."
Founded in 2008 and majority-acquired by Geopost in 2022, C Chez Vous is a key player in French logistics, with an annual shipment volume of 1.4 million and 400 pick-up points across six countries. Fabien Jazmati, CEO of C Chez Vous, stated: "With Rhenus, we have gained a strong partner who can enhance our service orientation, commitment to quality, and sustainability."
The new collaboration with C Chez Vous will operate under the brand "C Chez Vous powered by Geopost & Rhenus" and aims to further strengthen both companies' positions in the European logistics landscape. Rhenus launched its last mile Home Delivery service line twenty years ago.
