Deutsche Post
Encyclopedia : D : DE : DEU : Deutsche Post
Deutsche Post AG (LSE: [DPO]
In 2002 it was granted a licence to deliver mail in the United Kingdom, breaking Royal Mail's long-standing monopoly.
Mergers & acqusitions
Deutsche Post acquired Airborne Express in August 2003 and integrated it into DHL.
On 20 September 2005 the company announced that British logistics company Exel had agreed on a £3.7 billion (€5.5 billion) takeover. The combined revenue of the two companies was €50 billion over 2004.
Services
Deutsche Post offers a service called a Garagenvertrag (literally "garage agreement" in English) to its German customers. The postman can leave packets and parcels in a specified place (such as the garage, or a neighbour's house) if the adressee is not at home to receive them. This saves the recipient a trip to the post office to pick up their mail.Ownership
- KfW: 45%
- Free float: 55%
- * Institutional: 46%
- * Private investors: 9%
See also
External links
- [Deutsche Post]
- *[Ownership]
- [German Postal Codes, Browse codes, many informations]
- [German Postal Codes, Search only.]
- [Search for German Postal Codes]
- [Yahoo! - Deutsche Post AG Company Profile]
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