Lithuania: Danzas and DHL couriers joining forces under DHL brand
The express and logistics companies DHL International Lithuania and Danzas have announced plans to merge into a single company under the DHL brand by the end of this year.
Mindaugas Utkevicius, CEO of DHL International Lithuania, said in a news conference on Wednesday that the merger between the two companies owned by Deutsche Post World Net (DPWN), the world’s leading transport and logistics group, was part of the parent company’s strategy.
DPWN announced in early 2003 that DHL World Wide Express, Danzas, Deutsche Post and Postbank were joining forces under the new DHL brand. In Europe alone, the integration and rebranding of the businesses will cost an estimated 125 million euros.
Set up in 1991, the courier and parcel express service provider DHL International Lithuania carried 159,000 parcels with a total weight of 600 tons last year. The company employs 68 people.
According to a survey carried out by Research International in 2001, DHL International Lithuania had a 50 percent share of the country’s international express parcel service market.
Set up in 1996, Danzas offers a wide range of logistics services. The company handled 11,000 shipments with a total weight of 27,000 tons in 2002.