Tag: Germany

Deutsche Post receives clearance from the European Commission for its proposed acquisition of Exel

Posted by | Nov 24, 2005 | |

The Board of Deutsche Post announces that the European Commission today gave unconditional clearance to the proposed acquisition of Exel plc by Deutsche Post under the EC Merger Regulation. Completion of the Offer remains subject to the satisfaction or, if permitted, waiver of the remaining conditions to the Offer set out in the Scheme Document, including, inter alia, the sanction of the Scheme by the Court and the reduction of capital. The hearing of the petition to the Court to sanction the Scheme and to confirm the reduction of capital is expected to take place on 9 December 2005 and 12 December 2005 respectively. It is expected that the last day for dealings in Exel Shares will be 9 December 2005 and that the Scheme will become effective on 13 December 2005.

Read More

Deutsche Post to close down further post offices

Posted by | Nov 23, 2005 | |

Deutsche Post has announced that it will restructure its network of outlets by closing up to 200 of its own post offices and by converting them into postal agencies based at retail outlets. Management highlights that the restructuring will not entail redundancies.

Read More

DPD tightens up its management structure

Posted by | Nov 16, 2005 | |

The management of DPD GmbH & Co. KG is to be slimmed down from five members to two
* With immediate effect the two-man Fluri/Schroven management team is to take charge of the franchisor
* Paul-Marie Chavanne to become Chairman of the Supervisory Board

Read More

Hackländer named Managing Director of EURODIS

Posted by | Nov 16, 2005 | |

Marc Christian Hackländer has been appointed Managing Director of EURODIS GmbH, a member company of the trans-o-flex group. He will chiefly be responsible for network and partner management. This represents the first time that the international distribution network of trans-o-flex, in existence since 1993, has had its own corporate entity and management. The main objective of EURODIS GmbH will be to anchor the specialised trans-o-flex services on a unified Europe-wide basis.

Read More

Deutsche Bahn to buy US logistics firm Bax Global for 1.1 bln dlrs

Posted by | Nov 16, 2005 | |

Deutsche Bahn, the German state-owned rail operator, said Wednesday it planned to acquire buy US logistics firm Bax Global, a wholly-owned unit of Brink’s, for 1.1 billion dollars (940 million euros). A corresponding agreement was signed by both parties in New York on Tuesday and the deal was expected to be finalised “in the next few wkees”, Deutsche Bahn said in a statement. The German giant itself did not reveal the purchase price. But in a separate released on its own website, Brink’s put it at “approximately 1.1 billion dollars in cash”. Deutsche Bahn chairman Hartmut Mehdorn said: “Bax fits perfectly with our strategy and is an ideal addition to our logistics subsidiary Schenker.” The German company said the deal would make Deutsche Bahn the world’s number one transport and logistics group.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

Have you noticed a decrease of non-EU inbound parcel volumes since the implementation of the new €3 charge?

Thank you for voting
You have already voted on this poll!
Please select an option!


View ResultsHide Results

Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

Subscribe to the Magazine

 

Pin It on Pinterest