Deutsche Post Buys U.S. Firm QuickMAIL

Deutsche Post Buys U.S. Firm QuickMAIL

Updated 9:38 AM ET April 3, 2000
FRANKFURT (Reuters) – German postal company Deutsche Post said on Monday its subsidiary Global Mail has bought QuickMAIL, the international mail division of U.S. courier firm Quick International Courier.
QuickMAIL, with 100 staff and locations in New York, Los Angeles and Canada, had turnover of $24 million in 1998-99, Deutsche Post said in a statement.

The acquisition will enable Global Mail, bought by the German post office in 1998, to expand its range of international mail services for U.S. customers, it added