Tag: UK

Iron Mountain purchase of Hays reaching £200m mark

Posted by | Jul 14, 2003 | |

Iron Mountain, the American document storage company, is expected to be victorious in the bid battle for the document management business of Hays, the British business service group.

Insiders have told The Independent on Sunday that its winning bid for Hays’ IMS division could be “approaching pounds 200m”, and substantially more than the highest analyst forecast of pounds 160m.

Iron Mountain, whose European division is half-owned by UK firm Mentmore, is sealing its reputation for aggressive expansion, demonstrated by its sales growth to $1.3bn (pounds 797m) last year from $209m in 1997.

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German Post boss says UK is 'a mess'

Posted by | Jul 13, 2003 | |

The head of Germany’s postal giant, Deutsche Post, has attacked Royal Mail and Postcomm, the industry regulator, for stalling on the opening up of the UK network.

Klaus Zumwinkel, chairman and chief executive of the German logistics giant, said: “We want to bring another choice to customers here … We have a licence to do that but the pricing regime and all the stuff between Royal Mail and the regulator – it’s a mess.”

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TPG Post UK hires former Royal Mail Media Markets director Higham

Posted by | Jul 11, 2003 | |

David Higham, former publishing director of Royal Mail Media Markets, is to spearhead Netherlands-based company TPG Post’s assault on the UK delivery of bulk mail after accepting the position of development director.

Higham, who spent ten years at Royal Mail, is taking up the post after leaving his previous role earlier this year in a divisional shake-up (PM January 10). At the time, one Royal Mail insider called the marketing department restructure a “slap in the face” for Higham and three other directors who left the business.

He will now lead TPG Post UK’s sales, marketing and business development, based in Maidenhead, Buckinghamshire.

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Business Post Chairman's AGM Statement

Posted by | Jul 10, 2003 | |

At the AGM today of Business Post, one of the UK’s leading express delivery companies, the Chairman, Peter Kane, issued the following update on current trading and prospects. “In the preliminary announcement of results for the year ended 31 March 2003, on 20 May 2003, I said that trading in the first seven weeks of the new financial year had been encouraging. Today, I am pleased to confirm that trading remains in line with management’s expectations. It is also a pleasure to announce two important new customer wins in the high-tech sector. Firstly HomeServe, the Group’s UK business-to-consumer parcel service which provides a high quality next day service to residential addresses, has secured a contract with Walsh Western International, the Dublin-based logistics supplier to the high-tech industry. In addition, Express, the Group’s UK business-to-business parcel service, has won a three year agreement with Computacenter (UK) Ltd, one of Europe’s leading independent providers of IT infrastructure services.

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