SAS Group Interim Report 2002
SAS Group Interim Report 2002
Read MoreSAS Group Interim Report 2002
Read MoreIn line with the agreement signed in July, La Poste Group took over a 50-percent stake in Masterlink Express from Posten AB, its to-date sole shareholder. At the same time, Posten AB bought a license for Polish operations from Direct Parcel Distribution, one of the largest logistics groups in Europe. As a result, Masterlink will gain access to the chain covering 24 European countries.
Thanks to the change in the ownership structure, Masterlink will become part of Europe’s second-largest logistics group. As a member of the large multinational chain, Masterlink will be able to transfer know-how and improve its service line.
France’s postal company, La Poste, bought 50 peccent of the stock in Masterlink, the polish company which specialises in courier solutions, tracking services, and shipping tools, in Poland, Scandinavia and Baltic States. Its strategic investor so far was Sweden’s Posten AB.
Read MoreMartin Vial, Chairman of La Poste Group, and Lennart Grabe, President and CEO of Swedish postal operator, Posten AB, today cemented the strategic agreement signed in the fall of 2001 for the joint development of parcel operations in the Nordic, East European and Baltic markets.
The agreements finalized to date underline the postal operators’ shared determination to further strengthen parcel activities through win-win partnerships in promising markets with high growth potential ; partnerships that may also be extended to other operators.
Posten today welcomed 7-Eleven as the latest company to join its service network. A partnership agreement has been reached enabling 7-Eleven customers to perform routine postal transactions at all of the chain’s 62 locations.
7-Eleven will offer domestic and international stamps, various types of postage-paid envelopes, as well as access to postal collection boxes. The chain’s stores are located in Stockholm, Gothenburg, and the southern Skåne region.
– 7-Eleven is a suitable strategic partner for two predominant reasons: the stores are centrally located and its open hours are generous. The strategic partnership brings Posten closer to its customers, says Maivor Isaksson, head of Posten’s service network.
The partnership with 7-Eleven takes effect September 2002, and all stores should be phased in by October 2003.

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