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

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


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 stories do you most like reading about on Post & Parcel?

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

Pin It on Pinterest

Share This