Evri and OEG Energy: Two Giants on the Rise
June 9, 2025, 3:47 pm
Location: United States, New York
Employees: 1001-5000
Founded date: 1990
In the bustling world of business, two stories stand out like beacons in the fog. Evri, a parcel delivery giant, and OEG Energy Group, a powerhouse in the energy sector, are both making waves. Each company is navigating its own waters, but they share a common thread: growth and ambition.
Evri is gearing up for a major expansion. The company plans to hire 5,000 couriers, a move that will swell its ranks to 33,000. This recruitment drive comes on the heels of a partnership with DHL’s UK ecommerce arm. Together, they aim to create one of the largest delivery firms in the country. It’s a bold step into the competitive arena of parcel and letter delivery.
The new roles will be scattered across the UK, with a keen focus on regions like Plymouth, Bury, Hastings, Dover, and Scarborough. About 1,000 of these positions will be permanent, while the rest will offer flexibility to meet the demands of peak delivery seasons. This approach is like planting seeds in fertile soil, allowing the company to grow its workforce in response to market needs.
Evri’s couriers can expect to earn around £20.90 an hour. Those who commit to working five or more days a week can opt into the “Evri Plus” scheme. This revamped program offers paid holidays and automatic pension enrollment. It’s a sweet deal, enticing workers to join the ranks of this expanding network.
The company’s recent history is also noteworthy. Once part of the Hermes parcel group, Evri was acquired by US private equity firm Apollo for approximately £2.7 billion. This acquisition has fueled its ambitions, allowing it to merge with DHL’s UK ecommerce business. The result? A combined entity poised to deliver over one billion parcels and letters annually. It’s a strategic move that positions Evri as a formidable competitor to Royal Mail.
Despite its growth, Evri acknowledges that challenges remain. Customer service has improved, but delivery issues still linger. The company is committed to enhancing its service quality. It’s a journey, and like any good expedition, it requires constant navigation and adjustment.
Meanwhile, OEG Energy Group is also charting a course for success. This UK-based energy services giant has returned to profitability, reporting a pre-tax profit of $4.4 million for 2024. This is a remarkable turnaround from a loss of $14.9 million the previous year. Revenue surged from $320.5 million to $537.3 million, and the workforce expanded from 1,052 to 1,361 employees. It’s a classic tale of resilience and recovery.
OEG’s recent success comes as it prepares for a significant acquisition by Apollo, which has agreed to buy the company for over $1 billion. This deal highlights the growing interest in energy services, particularly in offshore oil, gas, and wind production. OEG operates in 65 countries and boasts one of the largest fleets of cargo-carrying units in the offshore energy sector. It’s a giant in a field that’s becoming increasingly vital.
The company’s CEO has emphasized the importance of diversification. OEG is not just focused on traditional energy sources; it’s also investing in offshore wind services. This strategic pivot reflects a broader trend in the energy sector, where sustainability and innovation are becoming paramount. The company is expanding into new markets, including South Korea, Japan, and the Baltic Sea. These moves are like planting flags in new territories, signaling OEG’s intent to grow and adapt.
As OEG prepares for its acquisition, it’s also distributing a hefty interim dividend of £374.2 million to its shareholders. This financial maneuver underscores the company’s strong performance and the confidence investors have in its future. The energy landscape is shifting, and OEG is positioning itself as a key player in this evolving market.
Both Evri and OEG Energy Group are navigating their respective industries with a clear vision. Evri is expanding its courier network to meet the demands of a growing ecommerce market. OEG is diversifying its services to embrace the energy transition. Each company is responding to the needs of its customers while also preparing for the future.
In a world where change is the only constant, these companies are adapting and thriving. They are not just surviving; they are setting the stage for future success. As they continue to grow, they will undoubtedly face challenges. But with ambition and strategy, they are well-equipped to tackle whatever comes their way.
In conclusion, Evri and OEG Energy Group are two examples of resilience and ambition in the business world. They are expanding, innovating, and preparing for the future. Their stories are a testament to the power of adaptability and the relentless pursuit of growth. As they forge ahead, they remind us that in the world of business, the only way is forward.
Evri is gearing up for a major expansion. The company plans to hire 5,000 couriers, a move that will swell its ranks to 33,000. This recruitment drive comes on the heels of a partnership with DHL’s UK ecommerce arm. Together, they aim to create one of the largest delivery firms in the country. It’s a bold step into the competitive arena of parcel and letter delivery.
The new roles will be scattered across the UK, with a keen focus on regions like Plymouth, Bury, Hastings, Dover, and Scarborough. About 1,000 of these positions will be permanent, while the rest will offer flexibility to meet the demands of peak delivery seasons. This approach is like planting seeds in fertile soil, allowing the company to grow its workforce in response to market needs.
Evri’s couriers can expect to earn around £20.90 an hour. Those who commit to working five or more days a week can opt into the “Evri Plus” scheme. This revamped program offers paid holidays and automatic pension enrollment. It’s a sweet deal, enticing workers to join the ranks of this expanding network.
The company’s recent history is also noteworthy. Once part of the Hermes parcel group, Evri was acquired by US private equity firm Apollo for approximately £2.7 billion. This acquisition has fueled its ambitions, allowing it to merge with DHL’s UK ecommerce business. The result? A combined entity poised to deliver over one billion parcels and letters annually. It’s a strategic move that positions Evri as a formidable competitor to Royal Mail.
Despite its growth, Evri acknowledges that challenges remain. Customer service has improved, but delivery issues still linger. The company is committed to enhancing its service quality. It’s a journey, and like any good expedition, it requires constant navigation and adjustment.
Meanwhile, OEG Energy Group is also charting a course for success. This UK-based energy services giant has returned to profitability, reporting a pre-tax profit of $4.4 million for 2024. This is a remarkable turnaround from a loss of $14.9 million the previous year. Revenue surged from $320.5 million to $537.3 million, and the workforce expanded from 1,052 to 1,361 employees. It’s a classic tale of resilience and recovery.
OEG’s recent success comes as it prepares for a significant acquisition by Apollo, which has agreed to buy the company for over $1 billion. This deal highlights the growing interest in energy services, particularly in offshore oil, gas, and wind production. OEG operates in 65 countries and boasts one of the largest fleets of cargo-carrying units in the offshore energy sector. It’s a giant in a field that’s becoming increasingly vital.
The company’s CEO has emphasized the importance of diversification. OEG is not just focused on traditional energy sources; it’s also investing in offshore wind services. This strategic pivot reflects a broader trend in the energy sector, where sustainability and innovation are becoming paramount. The company is expanding into new markets, including South Korea, Japan, and the Baltic Sea. These moves are like planting flags in new territories, signaling OEG’s intent to grow and adapt.
As OEG prepares for its acquisition, it’s also distributing a hefty interim dividend of £374.2 million to its shareholders. This financial maneuver underscores the company’s strong performance and the confidence investors have in its future. The energy landscape is shifting, and OEG is positioning itself as a key player in this evolving market.
Both Evri and OEG Energy Group are navigating their respective industries with a clear vision. Evri is expanding its courier network to meet the demands of a growing ecommerce market. OEG is diversifying its services to embrace the energy transition. Each company is responding to the needs of its customers while also preparing for the future.
In a world where change is the only constant, these companies are adapting and thriving. They are not just surviving; they are setting the stage for future success. As they continue to grow, they will undoubtedly face challenges. But with ambition and strategy, they are well-equipped to tackle whatever comes their way.
In conclusion, Evri and OEG Energy Group are two examples of resilience and ambition in the business world. They are expanding, innovating, and preparing for the future. Their stories are a testament to the power of adaptability and the relentless pursuit of growth. As they forge ahead, they remind us that in the world of business, the only way is forward.