La Poste looking to raise stake in Russian venture

La Poste looking to raise stake in Russian venture

The Board of Directors of Le Groupe La Poste recently authorised the acquisition of a further 50% of Armadillo Holding, which holds 100% of DPD Russia. In a statement issued on 29 October (which also announced GeoPost’s purchase of an 80% stake in France’s Resto In), the company said: “The Le Groupe La Poste Board of Directors authorised the Group to enter into discussions with the Turkish partners of GeoPost with a view to buying an additional 50%
share in Armadillo Holding GmbH, in which GeoPost already had a 50% share.

“This acquisition will allow GeoPost to consolidate its position in Russia, Kazakhstan and Belarus.”

Relevant Directory Listings

Listing image


Around the globe, the rise of digital and mobile is disrupting the very nature of the postal industry. Today’s postal challenges – dramatic decline of letter mail, remarkable growth in parcel volume and competition, skyrocketing expectations around speed and customer experience – are intensified by […]

Find out more

Other Directory Listings

News Archive



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


Which PUDO technology supplier is most familiar to you?

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

Pin It on Pinterest

Share This