Deutsche Post AG said it is selling its waste disposal unit Vfw AG to US-based private equity investor Monitor Clipper Partners for an undisclosed sum.
It said the deal, which is subject to antitrust clearance, is expected to be closed in the first quarter of 2007.
It added that Vfw is currently setting up its own recycling system as an alternative to the ‘Green Dot’ of former monopolist Duales System Deutschland GmbH.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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