Launched in 2019, Mylerz is a rapidly growing player in the logistics industry, focusing on last-mile delivery, while expanding its supply chain arm offering other 3PL services including fulfillment, warehousing, heavyweight e-commerce, transportation, and self-storage. Mylerz currently operates a fleet of over 350 eco-friendly vehicles and 21 local fulfillment hubs strategically positioned across Egypt. The company hit the milestone of two million packages delivered within two years of launching. Mylerz’s proprietary logistics management technology allows it to deliver e-commerce products to customers in city centers in as fast as same-day delivery.
In May 2022, LCP Fund II announced the acquisition of a significant minority stake in Mylerz . The transaction largely consisted of a capital increase in addition to acquiring a small stake from minority shareholders.
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