DHL eCommerce and CTT Expresso have announced a strategic partnership to develop the eCommerce and parcel delivery market in Spain and Portugal, the fourth largest market in Europe. The companies will establish a joint venture, with CTT Expresso becoming the operator and distributor of DHL eCommerce in Portugal. In Spain, DHL will focus on B2B services, while CTT Express will handle the B2C segment. This collaboration will provide a highly efficient parcel handling and delivery network throughout Iberia.
The partnership network includes more than 20,000 service points (PUDO), 22 hubs and 257 depots in Spain and Portugal. Plans include the installation of 10,000 new Locky-branded parcel lockers in the coming years. This expansion will allow customers of both companies to benefit from a common infrastructure for the collection and dispatch of parcels, including international shipments, thanks to the integration with the DHL eCommerce European network.
The new network will operate under the brands “CTT Express, a partnership with DHL” for the B2C segment and “DHL, a partnership with CTT Express” for B2B services. The deal is pending regulatory approval and will be implemented once all legal requirements have been met.