John Allan has begun German lessons as he sees Exel’s merger with DHL Logistics as a chance to finish the job he started, he tells Angela Jameson.
Read MoreDeutsche Post said Monday it will pay about USD443 million for a 75 percent stake in Britain’s Williams Lea Group Ltd. with an eye toward acquiring it completely. The company said Williams Lea should bolster its own document management and logistics business. Under the terms of the deal, which is subject to regulatory approval, Williams Lea will operate independently of Deutsche Post and keep its board of directors. “We have been very impressed with Williams Lea and its management team. They have demonstrated an impeccable track record for delivering growth, integrating acquisitions and delivering a best-in-class service to clients,” said Hans-Dieter Petram, a member of Deutsche Post’s board. He added that that the company would help augment its DHL Global Mail. “We see considerable potential to leverage our world class mail and logistics capability in adding more value to Williams Leas customer proposition,” Petram said. Currently, 38 percent of Williams Lea is owned by the venture capital firm 3i Group.
Read MoreDeutsche Post AG said it plans to acquire 75 pct of UK-based Williams Lea for 370 mln eur in order to expand its worldwide logistics operations. Williams Lea issued a statement on its Website saying it ‘welcomes Deutsche Post as new principal investor,’ and that it will continue to operate as an independent entity. We are delighted with the outcome of our recent negotiations and Deutsche Post World Nets decision to become our principal investor,’ chief executive Tim Griffiths said in the statement. Williams Lea had annual revenues of 438 mln stg in the fiscal year through Sept 30, 2005.
Read MoreDeutsche Post World Net will take a majority stake in Williams Lea, a business process outsourcing (BPO) provider specializing in document management and mail services. Headquartered in London, Great Britain, Williams Lea is a leading provider of value-added document and mail-related services, offering a wide range of products in the areas of print management, mailroom management, document management as well as direct marketing. As the number one service provider in the UK and Europe, Williams Lea has significantly strengthened its international presence through organic and acquisitive growth, especially in the USA. With the acquisition of a majority stake in Williams Lea, Deutsche Post World Net strengthens not only the presence of its brand DHL Global Mail in foreign mail markets, but also builds upon the breadth of its global mail services. This strengthens the overall position of the Deutsche Post World Net Group as the leading one-stop-shop for the provision of express, logistics and mail services.
Read MoreGerman parcel firm Hermes Logistik has launched a new B2C service targeted at small and medium-sized companies. The operator aims to generate up to four million additional parcels this year through the product. The new Profi Paket Service, launched at the start of February, is positioned for shippers with low or medium volumes, and filled a gap between products for large-scale shippers and private individuals, the Hamburg-based firm said. Customers can use a special Profi Paket Service web portal to place orders, track shipments or return unwanted items. “With our new service we are offering a service that is normally not available to shippers with 1,000 to 50,000 items a year,” said managing director Hanjo Schneider. Target groups include retailers and eBay ‘power sellers’.
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