Tag: Deutsche Post

Deutsche Post World Net is further expanding its international mail network: DHL Global Mail has reached an agreement with Yamato Holdings to form a joint venture in Japan for the Mail area. The new joint venture is the first of its kind in the country and will offer a full range of direct marketing services. DHL Global Mail, will hold 49 percent and Yamato Holdings 51 percent of the shares. Deutsche Post World Net is therefore the first foreign service provider to make a successful entry into the Japanese mail market. “With the joint venture, we are deepening our successful cooperation of many years with Yamato and are creating an excellent platform in order to make use of the enormous opportunities in the world’s second largest mail market,” said Klaus Knappik, Chairman of Deutsche Post World Net’s Divisional Board Mail International. “The new joint venture solidifies our position as the leading worldwide complete service provider in international mail logistics and is therefore another important step in the implementation of our international mail strategy.”