Deutsche Post Expands Its Parcel Network Into France With Acquisition Of Parcel/Express Carrier Ducros Services Rapides

Deutsche Post Expands Its Parcel Network Into France With Acquisition Of Parcel/Express Carrier Ducros Services Rapides

3rd December 1998

Deutsche Post will acquire a 68% majority interest in the publicly traded French parcel/express carrier Ducros Services Rapides which is based in Nimes. The main business of the logistics service provider, which was set up in 1948, is the delivery of commercial express and parcel shipments in France. Its wholly-owned subsidiary Transerra is active in Spain. The acquisition of this participating interest by Deutsche Post represents another important step towards the completion of its pan-European parcel network.

A total of 43 branches ensure Ducros’ presence in France. With a staff of approx. 2.200, it recorded an annual turnover of about DM 366 million (incl. its subsidiary).

Our international customers expect that we provide them with the same transport and delivery quality performance all over Europe, Dr. Klaus Zumwinkel, Chairman of the Board of Management of Deutsche Post, said. “We achieve this quality by expanding and improving our parcel network on the basis of co-operation and participating interests. By acquiring a stake in Ducros Services Rapides in France, the second-largest parcel and express market in Europe, Deutsche Post is now able to offer its customers in the business sector the top quality required by the market.

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