TPG announced today the acquisition of 51% of T.E.I., the leading domestic express company of Thailand. T.E.I. offers both express and logistics services nationwide through its extensive road and air network
Read MoreUPS Logistics Group has agreed to acquire a 75% stake in Uni-Data AG, a leading logistics provider for the high-tech industry in Europe. Terms of the cash transaction were not disclosed. UPS anticipates the acquisition will be profitable but that it will have a negligible impact on earnings.
Read MoreRussian communications and information ministry (Minsvyazinform) (Moscow, Russia) is going to install computers connected to Internet in 1800 post offices all over the country
Read MoreRenewed romours concerning a possible DHL Worldwide Participation in Airbourne Express.
Read MorePitney Bowes Inc. (NYSE:PBI)
today announced that it is in discussions with Fimalac, the French
diversified services group, for the acquisition of Secap SA, Fimalac’s
mailing subsidiary. Secap provides a range of mail processing equipment,
supplies and technology for low- to mid-volume mailers. Pitney Bowes expects
customers to benefit from Secap’s innovative line of products and
shareholders to benefit from Secap’s more than 30% postage meter market
share in France and approximately 60% recurring rental revenue stream.
“This proposed acquisition is the next of a series of strategic actions that
we’ve taken to enhance our delivery of leading edge, integrated mail and
document management solutions to customers of all sizes worldwide,” said
Michael J. Critelli, Chairman and CEO of Pitney Bowes Inc.
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