Completed on 12 May 2026, according to CTT Group’s announcement and DHL’s half-year report.
Structure at 12 May 2026 closing. Danzas is the sole shareholder of DHL Parcel Iberia.
Agreement announced
Merger approval announcement
Closing confirmed by CTT Group
CTT Expresso acquired DHL Parcel Portugal. DHL acquired 25% of CTT Expresso; CTT Group acquired 25% of Danzas, the owner of DHL Parcel Iberia. CTT Group announced net proceeds of €64 million at closing.
CTT Group · Conclusão da joint venture · 12/05/2026In Portugal, CTT Expresso integrates DHL eCommerce’s local operation. In Spain, the complementary model places B2C with CTT Express and B2B with DHL eCommerce Spain. An individual shipment’s assignment depends on its product and contract.
CTT Group · Parceria estratégica · 12/05/2026The closing announcement provides for 10-percentage-point options after the 2027 accounts. The second option, for another 14 points up to 49%, assumes the first option has been exercised and depends on the 2028 accounts and performance, including joint-venture EBIT exceeding €96 million. These are future options; DHL’s half-year report documents 25% at closing.
CTT Group · Conclusão da joint venture · 12/05/2026The official announcement of 12 May 2026 describes gradual initiatives and operational continuity, without a merger or full integration. Check the announced model and confirm the effective terms of the product you intend to contract.
CTT Express · Alianza CTT Expresso–DHL eCommerce · 12/05/2026Use these questions to agree the scope of your operation. Corporate shareholdings alone do not establish your shipment’s rate, account or carrier.
| Topic | What to confirm with Jeton |
|---|---|
| Operator and product | Carrier entity, product, country and territory on the label. |
| Account and data | Who contracts and invoices, label format and manifest references. |
| Price and scope | Included legs, currency, area surcharges and excluded charges. |
| Physical handover and timing | Acceptance point, cutoff, batch handover evidence and start of the delivery window. |
| Exceptions and responsibility | Contact for each leg, claim records and applicable terms. |
Jeton connects your supply chain with distribution services close to Spanish and Portuguese consumers.
CTT Express publishes mainland services with tracking, notifications and home or Collectt-point delivery options by product. Buyers can follow their order and choose suitable receipt arrangements. Jeton connects these options with order preparation, recipient information and exception follow-up.
CTT Express · Servicios para empresasThe May 2026 announcement plans 10,000 additional parcel lockers over the coming years. This direction can offer consumers more collection choices and merchants greater delivery flexibility. Jeton incorporates options as they become active and available for each product and postcode.
CTT Group · Parceria estratégica · 12/05/2026Local last-mile reach and international connectivity complement sourcing and preparation in China. Jeton organises the right combination of transport, stock, orders and aftercare, with a quote identifying product, operator, coverage and costs. Expand markets with a clear operating plan and an ongoing service relationship.
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