Deutsche Post Strengthens International Mail Leadership With Acquisition of YellowStone International
Deutsche Post Strengthens International Mail Leadership With Acquisition of YellowStone International
3rd May 1999
Move Enhances Services and Logistics To Capitalize on Increasing Demand for Global Distribution of Mail
Bonn, Germany and Chicago – Deutsche Post AG announced today its acquisition of YellowStone International Corporation – the largest privately held international publications distribution company in the United States. The move will enable Deutsche Post to offer U.S. companies global distribution of materials that is cost-effective, reliable and efficient, and provide a full range of value-added mailing services.
“This acquisition is part of our strategy to ensure that we are able to provide our customers with the broadest array of international mailing services available,” said Dr. Klaus Zumwinkel, Chairman of the Management Board of Deutsche Post. “We saw YellowStone’s expertise, logistics, distribution network, and suite of value-added services as outstanding complements to a full range of solutions we currently provide through our International Mail Services Division.”
The International Mail Services Division of Deutsche Post offers integrated solutions for customers seeking full-service solutions for international mail distribution. The division´s product portfolio includes corporate mail, direct mail and press distribution.
Headquartered in Elk Grove Village, Il., YellowStone International Corporation is a leading provider of international distribution services for business, financial and trade publications. With 1998 sales of $21 million, the company helps publishers deliver international press more quickly and efficiently, and save on international postal rates. The company delivers more than 650 American magazine titles to overseas subscribers from publishers including Cahners Publishing, Crain Communications, Penton Media, Intertec Publishing and Miller Freeman. Publications distributed by YellowStone include U.S. News and World Report, Barron´s, PC World, Institutional Investor and the eastern edition of The Wall Street Journal.
YellowStone operates processing centers in Elk Grove Village and Hackensack, N.J., and distribution hubs in High Wycombe (England), Brussels (Belgium) and Mexico City (Mexico). The company works with postal gateway partners in 28 other countries
