DHL and Finland Post agree on business acquisition of Kelpo Kuljetus Fi Oy.
DHL and Finland Post have agreed on a business acquisition based on which DHL will buy out Finland Post’s 49 per cent of shares in Kelpo Kuljetus Fi Oy, the jointly owned domestic transport company, rendering Kelpokuljetus a fully-owned DHL subsidiary. This deal is subject to approval by the competition authorities.
According to the deal, Finland Post will acquire the regional transport business of Kelpokuljetus, comprising the transports from post centres to delivery post offices and customers, whereby staff responsible for regional transport services, the related equipment and customer contracts will transfer to Finland Post. These employees will join Finland Post under their current employment terms.
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