Deutsche Post
From Free net encyclopedia
Image:Posttower Bonn 001.jpg Image:Deutsche Post AG Logo.jpg Deutsche Post AG (Template:Lse) is a German logistics, post and courier business seated in Bonn. It owns brands such as DHL, and the core business of the German post office. It used to be state-owned until its privatisation in 2000. Now Deutsche Post World Net is the world's leading logistics group. Some 500,000 employees in more than 220 countries and territories worldwide generated revenue of €43 billion ($58 billion) in 2004.
In 2002 it was granted a licence to deliver mail in the United Kingdom, breaking Royal Mail's long-standing monopoly.
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Mergers & acqusitions
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.
Also bought out Airborne Express
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
- German Postal Codes, Browse codes, many informations
- German Postal Codes, Search only.
- Search for German Postal Codes
- Yahoo! - Deutsche Post AG Company Profile
