Tag: PPL CZ sro

DHL, the subsidiary of Deutsche Post World Net, has agreed to acquire 100 percent of the shares of PPL CZ sro. Based in Prague, PPL is the No. 1 private player in the Czech domestic express parcel market, serving customers mainly from the IT, pharmaceutical and electronic industries. PPL operates more than 450 vans and 11 depots across the Czech Republic. The acquisition follows two strategic objectives: Firstly, to expand business in Central and Eastern Europe and secondly, to combine DHL’s strong international business with a strong domestic business. DHL is the No. 1 player in the Czech international express parcel market.