Tag: Europe

UK mailing comparison service set to launch

Posted by | Sep 7, 2005 | |

A postal comparison service is being launched which will help marketers navigate their way through the host of commercial postal suppliers following full deregulation at the start of next year. Onepost, a division of mail-sorting software firm Postal Choices, will offer a postal management consultancy service which it claims will be independent of all suppliers. The service will run clients’ data through One-post’s software to match companies with the mailing providers and services that best suit their needs. The software is due to be launched online before the end of the year.

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Blow for Irish An Post as CWU rejects plan

Posted by | Sep 6, 2005 | |

An Post was dealt a major setback last night when the main union rejected proposals that management hoped would restore the company’s financial fortunes. The Communication Workers Union (CWU), said it could not accept a set of Labour Court proposals issued back in mid-July relating to the postal company’s collection and delivery system. The union’s general secretary, Steve Fitzpatrick said this “unnecessarily divisive cumbersome deal is a bridge too far for our membership in its current form”. An Post said it was disappointed with the CWU response to the proposals.

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Exel to open books as Deutsche Post prepares for bid

Posted by | Sep 6, 2005 | |

Exel agreed to open its books to Deutsche Post yesterday to allow the German postal group to conduct limited due diligence ahead of a potential Pounds 3.8bn bid for its UK rival. The decision follows discussions over the weekend between the two companies, which resulted in Deutsche Post making a preliminary takeover proposal. The German group is understood to be offering a mix of cash and paper, with up to 30 per cent made up of shares, according to people close to the situation. The value of the bid is slightly more than Pounds 12 a share. Exel’s closing share price yesterday was Pounds 11.85. Deutsche Post aims to make an announcement on an agreed deal in one to two weeks. It is proposing cost synergies of Pounds 200m and has offered John Allan, Exel chief executive, a seat on its management board. Mr Allan would head the combined logistics division, replacing Frank Appel, current head of logistics, who is seen as the likely successor to Klaus Zumwinkel, Deutsche Post’s long-serving chief executive.

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GLS Ireland opens Parcel Shops in all depots

Posted by | Sep 6, 2005 | |

GLS Ireland is offering more service and customer proximity with a totally new product range: beginning immediately, private and commercial customers with sporadic shipments can hand in their parcels at one of the six GLS Ireland Depots.

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German Rhenus quashes Red Parcel stake talk

Posted by | Sep 5, 2005 | |

German logistics company Rhenus has denied reports that it might be close to acquiring a 25% stake in domestic parcel service newcomer Red Parcel Post. The new company is searching for investors in order to take up operations by 2007. Former Deutsche Post board member Dieter Seegers-Kr’ckeberg is said to be behind Red Parcel Post. Rumours of a 25% stake were pure invention and Rhenus would not ‘comment further on such rumours’, a spokesman said. The reports come at a time when Rhenus chief executive Hermann Niehues has signalled his willingness to buy into new companies.

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