Tag: Deutsche Post

Dutch Selekt Mail to buy Postmij

Posted by | Dec 2, 2005 | |

Netherlands-based postal services company Selekt Mail Nederland, a joint venture company of Dutch publishing group Wegener and German postal services company Deutsche Post AG, has agreed to buy the activities of local sector company Postmij, Selekt Mail said on December 1, 2005. The takeover includes the use of the central depot and the involved employees, precisely some 200 postmen and about six full-time employees. Reportedly, Selekt Mail is a discounter on the liberalised part of the Dutch postal delivery market. The company competes mainly with local market leader TPG Post and aims at a 20 pct share of the domestic postal market. Through the takeover of Postmij, Selekt Mail is a step closer to achieve its objective, Selekt Mail director, John Kuiper, said.

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Deutsche Post experiences problems with integration of US activities of DHL

Posted by | Nov 29, 2005 | |

Deutsche Post has experienced problems with the integration of the US activities of DHL, its express and logistics subsidiary, after reducing the number of hubs it uses for its air freight operations in the US from two to one. This led to a delay in some deliveries, as a result of which the company lost customers and registered a drop in turnover in September and October. The company says that the drop in turnover totalled USD280m, which corresponds to 5 to 6 per cent of its overall turnover in the US. DHL says that it has since compensated for this setback, although it took until mid-October to return to the same level of service as before the integration of these activities.

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TNT to attack rival Deutsche Post with own letter delivery network

Posted by | Nov 28, 2005 | |

Dutch postal services group TNT is to attack German rival Deutsche Post on the German market. With Europost, 71 per cent of which is owned by TNT and 29 per cent by German package delivery company Hermes, TNT plans to become the second-largest provider of letter deliveries on the German market behind Deutsche Post. TNT plans to bring together its regional partners in Germany into a Europost franchise system. Of around 160 current partners, TNT expects 120 to participate. Partners have until the end of the year to sign up to the franchise. TNT hopes that the new letter delivery system will reach 95 per cent of German households by 2006 and is aiming to achieve market share of 10 per cent by 2007/2008.

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TNT to set up own mail delivery system in Germany

Posted by | Nov 28, 2005 | |

TNT’s Europost unit is planning to set up its own unified mail delivery system in Germany to close in on local rival Deutsche Post AG, Handelsblatt newspaper said, citing Europost head Mario Frusch. As part of the plans, Europost hopes to unite 120 of its 160 regional mail delivery partners in Germany under a single Europost franchise structure. ‘We want to strengthen our position as the number two behind Deutsche Post,’ Frusch told the newspaper.

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Deutsche Post receives clearance from the European Commission for its proposed acquisition of Exel

Posted by | Nov 24, 2005 | |

The Board of Deutsche Post announces that the European Commission today gave unconditional clearance to the proposed acquisition of Exel plc by Deutsche Post under the EC Merger Regulation. Completion of the Offer remains subject to the satisfaction or, if permitted, waiver of the remaining conditions to the Offer set out in the Scheme Document, including, inter alia, the sanction of the Scheme by the Court and the reduction of capital. The hearing of the petition to the Court to sanction the Scheme and to confirm the reduction of capital is expected to take place on 9 December 2005 and 12 December 2005 respectively. It is expected that the last day for dealings in Exel Shares will be 9 December 2005 and that the Scheme will become effective on 13 December 2005.

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