Deutsche Post acquires Spanish business majority
Deutsche Post has acquired a a further 2% holding in Guipuzcoana taking its share from 49 per cent to a majority 51 per cent.
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Union anger over Post Office contact
Unions yesterday attacked an expected ten-year contract to a private firm worth up to pounds 1 billion to deliver cash and stamps to post offices as ‘industrial vandalism’. Security giant Securicor has been selected by Consignia as its preferred supplier of cash management and transportation services throughout the UK.
Read MoreDeutsche Post majority in Guipuzcoana
Deutsche Post today increased its stake in the Spanish parcel service provider Guipuzcoana Euro Express from 49 percent to 51 percent ‑ thereby becoming the majority owner.
Read MorePaymaster to make $25M investment in Jamaica Postal Corp
Paymaster Jamaica Ltd has announced that it will invest J$ 25mn (US$ 0.51mn) in the Postal Corporation of Jamaica. It will pay for the computerisation of post office counters across the island.
Read MoreDeutsche Post to invest at least 1bn Eur for mail ops in Europe
Deutsche Post World Net AG plans to invest at least 1 bln eur to expand its mail operations in Europe, management board chairman Klaus Zumwinkel said in an interview with Financial Times Deutschland.
Read MoreSecuricor to collect 1bn pounds Post Office deal
Securicor is set to win a major contract, worth up to 1 billion pounds, to deliver cash and stamps to Post Offices, it was announced today.
The company has been selected by postal services group Consignia as its preferred supplier of cash management and transportation services throughout the UK.
Consignia currently employs 3000 workers and has 700 vehicles in its cash-handling operations but has been looking to outsource services as part of its drive to cut costs.
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