Deutsche Post to acquire a 50 percent stake in Securicor Distribution
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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