Deutsche Post AG said it is selling its McPaper subsidiary to management for an undisclosed sum, effective Jan 1 2006.
McPaper, which sells stationary, has annual sales of around 100 mln eur. Deutsche Post said no job losses will result from the sale.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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