8 July 2002 Deutsche Post through its Dutch subsidiary VGL has bought a majority stake in Interlanden BV, an unaddressed mail and marketing unit from publishing group Wegener NV.
Read MoreJuly 5 2002 Deutsche Post, the German postal service, is to acquire a further 25 percent in DHL International, in which it already holds a 50.64 percent.
Read MoreSending parcels via Deutsche Post World Nets Euro Express network is set to become easier: The two pan-European, standardised international products and will be joined by their almost identically named domestic counterparts in the course of the year. The introduction of the domestic pan-European standard products and will help to optimise processes and leverage synergies within the network. Customers will benefit from far easier preparation for dispatch. The standardised Europremium product replaces as many as twenty different parcel products.
Read MoreDeutsche Bahn, the German state-owned railway, launches a $2 billion-plus takeover of freight forwarder Stinnes in a bid to create a new European logistics giant. The purchase of Stinnes, parent of Schenker, one of Europe’s chief integrated logistics providers, from German power utility E.ON will triple Deutsche Bahn’s cargo traffic and add maritime, road and air freight to its core rail operations.
Read MoreUnited Parcel Service Inc. plans to open 1,000 Mail Boxes Etc. stores in Germany in the next 10 years to gain more retail customers in Europe’s largest economy, Handelsblatt said, citing Gunnar Adalberth, head of United Parcel’s German unit.
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