DHL France completes first phase of restructuring programme

DHL France, the subsidiary of DHL the transport and logistics division of German Postal Services operator Deutsche Post, has completed the first pahse of its restructuring programme. As of 1 January 2005 the company will consist of only four legal structures, compared with 13 previously. These will include a holding company with the name DHL and three subsidiaries, DHL Solutions, DHL Express France and DHL Danzas Air & Ocean. The changes are to be introduced with retroactive effect from 1 January 2004.