Deutsche Post close to purchasing KarstadtQuelle logistics units

Deutsche Post World Net AG is close to purchasing two KarstadtQuelle AG logistics units with combined annual sales of 625 mln eur, industry expert Horst Manner-Romberg told the Financial Times Deutschland. KarstadtQuelle did not confirm the report to the newspaper, saying only, ‘there are interested parties that want to buy the whole logistics unit.’ The Financial Times Deutschland said Deutsche Post wants to buy KarstadtQuelle’s Optimus Logistics with annual sales of 550 mln eur and Servicelogiq with annual sales of 75 mln eur.

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