Deutsche Post to buy the rest of DHL

In an effort to secure for itself a concrete place in the international parcel business, Deutsche Post is set to purchase the remaining shares of express air courier DHL International of Brussels.
Deutsche Post, which is 70 percent owned by the German government, is Europe’s largest postal company, The company said July 5 it will purchase the 25 percent stake of DHL owned by Lufthansa for about $593 million. It currently owns 50 percent of the company and controls its management.
In addition to the Lufthansa shares, DeutschePost said it has plans to acquire additional shares owned by Japan Air Lines and other institutional investors. DHL is the largest air express carrier outside the U.S.

Relevant Directory Listings

Listing image

Spectos GmbH

The Spectos Group, headquartered in Dresden, Germany, is an independent and internationally acknowledged company in the fields of market research, data analytics, technology, digitization and operations. Spectos supports its customers with tailor-made B2B solutions for the monitoring, management and design of their service quality in […]

Find out more

Other Directory Listings

News Archive

Advertisement

MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

P&P Poll

Loading

What’s been the most interesting trend of 2019?

Thank you for voting
You have already voted on this poll!
Please select an option!




Pin It on Pinterest

Share This