Tag: Europe

Deutsche Post Expands Its Parcel Network Into France With Acquisition Of Parcel/Express Carrier Ducros Services Rapides

Posted by | Dec 3, 1998 | |

Deutsche Post will acquire a 68% majority interest in the publicly traded French parcel/express carrier Ducros Services Rapides which is based in Nimes. The main business of the logistics service provider, which was set up in 1948, is the delivery of commercial express and parcel shipments in France. Its wholly-owned subsidiary Transerra is active in Spain. The acquisition of this participating interest by Deutsche Post represents another important step towards the completion of its pan-European parcel network.

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Deutsche Post to acquire a 50 percent stake in Securicor Distribution

Posted by | Nov 2, 1998 | |

November 1998 Deutsche Post has acquired a 49.9% stake in Securicor Distribution with 50% of the voting rights, Securicor Distribution operates in the business sectors parcels and express, contract logistics, warehousing and making out of dispatch orders. The new joint venture employs around 12,500 people and runs 7,000 vehicles. In 1997, the turnover generated totalled around £ 562 million (DM 1,556 million).

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