Deutsche Post expanding onto French mail market with acquisition of French mail service provider Koba
Deutsche Post has acquired a majority share of the French mail service provider Koba with headquarters in Chilly-Mazarin near Paris. With this acquisition, Deutsche Post is consistently pursuing the strategic expansion of its activities on domestic mail markets and is establishing an excellent starting platform for entry onto the French mail market. Koba is the leading specialist for direct marketing and mail solutions in France. Klaus Knappik, Chairman of the Mail International Divisional Board at Deutsche Post World Net, says: “The acquisition of Koba is yet another milestone in our international mail strategy, which enables us to offer our customers high-quality mail services in France.”
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