GP wants to expand its European network
The German parcel service provider German Parcel (GP) intends to expand its European network. GP managing director Rico Brack recently told the German daily broadsheet Die Welt that his firm was planning acquisitions this year in Spain, Italy and Scandinavia.
After it was acquired by the state owned Consignia, German Parcel has a warchest of Eur 510m at its disposal. GP is the number four in the German parcel market after DPWN, UPS and DPD.
International Transport Journal
