DHL GROUP Deutsche Post bought Williams Lea in 2006. The company made revenue of 1.41 billion euros ($1.51 billion) in 2014, the last year for which Deutsche Post broke out separate figures for the business.
The Frankfurter Allgemeine Zeitung, which first reported the news, said the transaction could be worth several hundred million euros but less than a billion.
The newspaper said independent investment bank Moelis had been hired to approach potential buyers.
Deutsche Post and Moelis declined to comment.
(Reporting by Matthias Inverardi; Additional reporting by Dasha Afanasieva; Editing by Georgina Prodhan and Victoria Bryan)
Stocks treated in this article : Deutsche Post AG, Moelis & Co
