Tag: Germany

3i leads the race for GBP 210 million logistics group

Posted by | Mar 10, 2006 | |

Private equity firm 3i is poised to acquire niche logistics company Marken from Deutsche Post for about GBP210m (EUR306 million). Sources said 3i is now in exclusive talks with Deutsche Post advisers UBS to buy Marken, part of Exel, after submitting a higher bid than rival contenders. Marken provides specialist courier services to the medical, pharmaceutical, media, professional, fashion and high technology industries. It is not clear why Deutsche Post and Exel have decided to offload Marken.

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Deutsche Post forms Japan mail joint venture with Yamato

Posted by | Mar 10, 2006 | |

Deutsche Post AG said its DHL Global Mail unit has agreed to form a joint venture for mail delivery services in Japan with Yamato Holdings. The new venture will be 49 pct held by the German company, and is the first of its kind in Japan for a foreign company. It will focus on the direct marketing – or ‘non-correspondence’ – segment, which is the only part of the Japanese mail market which is open to competition, Deutsche Post said. No financial details of the agreement were reported.

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Deutsche Post World Net further expands international mail network

Posted by | Mar 10, 2006 | |

Deutsche Post World Net is further expanding its international mail network: DHL Global Mail has reached an agreement with Yamato Holdings to form a joint venture in Japan for the Mail area. The new joint venture is the first of its kind in the country and will offer a full range of direct marketing services. DHL Global Mail, will hold 49 percent and Yamato Holdings 51 percent of the shares. Deutsche Post World Net is therefore the first foreign service provider to make a successful entry into the Japanese mail market. “With the joint venture, we are deepening our successful cooperation of many years with Yamato and are creating an excellent platform in order to make use of the enormous opportunities in the world’s second largest mail market,” said Klaus Knappik, Chairman of Deutsche Post World Net’s Divisional Board Mail International. “The new joint venture solidifies our position as the leading worldwide complete service provider in international mail logistics and is therefore another important step in the implementation of our international mail strategy.”

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GLS puts new EU-computer centre in operation

Posted by | Mar 7, 2006 | |

General Logistics Systems Amsterdam (GLS), will put its new European computer centre in Neuenstein (Germany) into operation in March. The parcel and express service provider, operating in 34 different countries, has invested two million euros in a building that meets the highest security standards. Approximately 20 million data records from all over Europe are processed in the new computer centre daily.

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3i leads the race for pounds 210m UK logistics group

Posted by | Mar 7, 2006 | |

Private equity firm 3i is poised to acquire niche logistics company Marken from Deutsche Post for about pounds 210m. Sources said 3i is now in exclusive talks with Deutsche Post advisers UBS to buy Marken, part of Exel, after submitting a higher bid than rival contenders. The other private equity firms thought to have been looking at the company include PPM, Phoenix Private Equity and Bridgepoint. Deutsche Post put Marken on the block last month, though it is not clear why it has decided sell. Analysts think that, after acquiring Exel last year, Deutsche might have some overlaps.

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