DPWN Sells Unit; Streamlines Express Div.
Deutsche Post said it has sold its German valuables transport unit Deutsche Post Wert Logistik GmbH to Securicor plc for an undisclosed price.” The article states, “The Bonn-based firm will be re-named Securicor Wert Logistik GmbH and will allow the UK’s Securicor group to expand its leading position in the valuables transport market, it added. Deutsche Post and Securicor jointly own Securicor Omega Express, the UK and Ireland partner in the Deutsche Post Euro Express parcels transport network
Postal Insight