Deutsche Post DHL Group is taking a 27.5% stake in Relais Colis, a French e-commerce logistics specialist serving Europe’s third largest internet retail market.

The Germany based global logistics giant said that the minority holding will “support the further development of the French e-commerce logistics specialist’s network of pickup points and its customised delivery solutions for end customers”.

It added: “This will allow DHL’s divisions, primarily DHL Parcel, to open up additional channels and expand its offering of value-added logistics services for e-commerce customers to the French market.

“Relais Colis will also benefit from additional volumes of the Deutsche Post DHL Group’s networks and the knowhow of the innovation leader in the German parcel market.

Relais Colis is a “trusted partner” of a number of top-tier e-commerce players, offering pickup point deliveries and home deliveries for larger packages.

It currently employs about 450 people, with a network of three national hubs, 22 branches and 4,800 pickup points located close to end consumers.