Tag: Germany

DPWN Troubled by Frankfurt Airport Plan

The planned expansion of Frankfurt airport is causing a major headache for Deutsche Post AG, the German post office. Deutsche Post has been using night flights at Frankfurt airport for 40 years, and 9 million letters are transported through the airport every night between 11pm and 1.30am, with twelve aircraft bringing in and taking out post to different parts of the country.

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Neopost announces the acquisition of Ascom Hasler, the Ascom Mailing Systems Division

Neopost, the European leader and number two worldwide supplier of mailing
solutions, today announced the acquisition of the number three worldwide
supplier of mailing systems : Ascom Hasler, the Mailing Systems Division of
the Swiss group Ascom.
The acquisition price has been set at Swiss Francs 359 million (around Euros
240 million), subject to final adjustments at closing. The completion of the
transaction is still subject, amongst other things, to governmental
authorisations.

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TPG, German Hermes form mail alliance

TPG has established a joint venture with Hermes Versand to deliver mail in Germany. The company will be called EP Europost AG and Co KG. Hermes Versand is part of the german publishing Group Versand and will hold 29%. TPG will hold 71% of the shares.

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