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.
METTLER TOLEDO is a globally recognized leader in precision instruments and services for a variety of industries, including the post and parcel sector. With a rich history dating back to 1945, the company has built a strong reputation for innovation, reliability, and exceptional customer service. […]
Find out moreWant to get your brand in front of our senior audience of post and parcel executives?
Find out more
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
