French independent transport and logistics group Heppner is to buy the domestic deferred parcel delivery network, XP France, from investment group Caravelle.
The deal is expected to go through by the end of the monthsubject to regulatory approval.
Caravelle, which specialises in company rescues, acquired the firm from TNT in June 2001, after it made a Eur10m loss.
Read MoreLa Poste, France has launched an electronic Registered Letter (“Lettre Recommandée Electronique”) which is sent over the Internet and delivered in hard copy by the postman. The service is available to senders from La Poste’s website. Individuals can purchase a single letter online, while regular business senders can choose between three annual subscription rates. Electronic registered mail offers proof of posting via e-mail to the sender, confirmation of contents and online storage.
Read MoreThe Spanish competition commission has authorised the purchase of 12.8 per cent of courier company Seur by French postal service provider La Poste. La Poste, which is owned by the French government, has paid 90m euros for its share in Seur and acquired 60 per cent of the company’s Madrid franchise, the largest branch in the Seur network.
Read MoreIn dozens of countries around the world, Pitney Bowes Inc. has woven an unbreakable connection to mail.
It started as a postal meter company in 1920. Today, Stamford-based Pitney Bowes makes sorters that separate letters by postal codes. It writes and sells software that enables small and large businesses to post mail, ship packages and track where those packages have landed. Pitney Bowes even has become a post office for postal companies: collecting, sorting and organizing the shipment of outgoing mail even for United Parcel Service, FedEx and the U.S. Postal Service.
Read MoreGeoPost expands throughout Europe
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