Tag: Geopost

GeoPost raises stake in Seur to 19.6%

Posted by | Mar 13, 2007 | |

La Poste’s international express subsidiary GeoPost has raised its stake in Spain’s Seur group through their joint venture, Seur-GeoPost, buying Seur’s Santander franchise.

The acquisition of Seur Santander, which turned over EUR 7 million last year and employs 83 staff, is the seventh franchise bought by Seur-GeoPost, the company 60% owned by GeoPost. According to Seur, quoted in the El País newspaper, the joint venture’s purchase of the Santander operation consolidated the alliance between the two groups and represented a reinforcement of the development of Seur in the Cantabrian region of Spain.

Seur, with turnover of EUR 574 million in 2005, is one of the leading express companies in Spain, where the market is growing at about 8% a year and is currently worth some EUR 6.6 billion in revenues.

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DPD defends Austrian B2B parcel market leadership

Posted by | Mar 12, 2007 | |

DPD has successfully defended its leadership of the Austrian B2B parcels market despite the efforts of expanding Austrian Post to win a sizeable chunk of the market.

DPD Austria has announced that it increased turnover by 6.4% to EUR 132.2 million in 2006, which kept it at the head of the B2B parcels market. DPD carried 34.2 million parcels in Austria last year, which was an increase of 8.2%. About 70% of these volumes were domestic, and 30% were international.

Key success factors were the carrier’s strong regional presence with 13 depots and performance quality of 98% for transit time reliability. “Our regional expertise makes us into a strong partner for our customers,” said managing director Georg Karoh.

For 2007, DPD Austria is targeting turnover growth of 2.5% and a volume increase of 4.5%. The carrier will be putting a special focus on neighbouring Eastern European countries as well as the new EU members Romania and Bulgaria. The carrier has 1,400 employees and 900 vehicles.

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GeoPost strengthens its presence in Spain with the acquisition of SEUR-SANTANDER

Posted by | Mar 12, 2007 | |

GeoPost has just acquired the SEUR-Santander franchise (Province of Cantabria).

This operation was made possible through the joint-venture SEUR GeoPost (60% held by GeoPost SA and 40% by SEUR SA), which has a turnover for a full 12 months in excess of euro230 million.

Located in the Cantabria region, Northern Spain, the Santander franchise, employs around 80 people, and has a turnover of almost euro7 million per year.

“This acquisition strengthens SEUR GeoPost’s position in Northern Spain” explains Yves Delmas, CEO of SEUR GeoPost. Following the acquisition of a series of franchises since 2004, SEUR GeoPost now manages eight franchises in Spain: Madrid, Bilbao, Zaragoza, Soria, Gerona, Baix de Llobregat, Granollers and, recently, Santander. With the acquisition of the Santander franchise GeoPost raises its stake to 19.6%.in its partner’s capital, SEUR
Spain therefore asserts its position as one of key players of the GeoPost group’s development in Southern Europe.

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DPD Masterlink investment plans for 2007

Posted by | Mar 5, 2007 | |

DPD Masterlink investment plans for 2007 are expected to total 6 million euro. At the beginning of spring the company plans to set up a new, 5,000 square metre depot in Gdansk. This investment will cost approximately 2.5 million euro. The new depot will be built in compliance with the company’s strategy of seeking to purchase properties when establishing new branches, instead of renting the existing infrastructure. The costs of the investments planned for 2007 will be covered partially from the company’s own capital and through leasing agreements.

Employee numbers are also expected to continue to grow. At the end of 2006 DPD Masterlink employed 3,600 people. By the end of 2007 total employee numbers are expected to rise to around 5,000.

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European ''emerging markets'' come into focus

Posted by | Feb 23, 2007 | |

Against the background of moderate growth and increasing consolidation in mature Western European markets such as Germany, Britain and France, “emerging markets” such as Spain, Poland, Russia and Turkey are increasingly coming into focus for international express and parcel operators. In contrast to the moderate single-digit growth rates in core European markets, the continent’s smaller markets are growing at high single-digit or double-digit rates and offer attractive areas for expansion. More acquisitions can be expected in these markets during 2007.

Germany, France and Britain jointly account for over half of the total European express and parcel market, according to CEP-Research data. The “Big Three” are the home markets or major regions for carriers such as DHL, TNT, GeoPost/DPD, GLS and UPS. But the market growth rates have slowed significantly in recent years, mostly due to low economic growth, and operational costs are rising. The inevitable result is tougher competition between the market leaders and a clear trend towards market consolidation.

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