Deutsche Post set for European shopping trip

[TrueBlueTerrier]

http://www.google.com/hostednews/afp/ar ... n7zc7th4Cw" onclick="window.open(this.href);return false;

FRANKFURT — The German logistics group Deutsche Post is mulling the purchase of Dutch letter distributor Sandd along with other possible European deals, a press report said on Monday.

Deutsche Post is also looking at Adrexo in France, DX Services in Britain and Letterbox in Finland, plus companies in Denmark and the Czech Republic, the business daily Handelsblatt said, citing sources close to Deutsche Post, which owns the DHL courrier service.

French rival La Poste is also interested in Sandd, which is the second biggest courier distributor in the Netherlands.

The report quoted a Deutsche Post spokesman as saying only that "we are following the evolution of foreign markets and are studying the possibility of an entry" into them.

Deutsche Post employs around 500,000 people in 220 countries and generated revenues of more than 54 billion euros (77 billion dollars) last year.

[Lounge Lizard]

I thought they would have started with Poland.

[TrueBlueTerrier]

I thought they would have started with Poland.

Perhaps they are in secret discussion with the Russians first

[Jack Mehoff]

I thought they would have started with Poland.

They are going to start here next year. There are 2 other players out there that no-one has told you about: Securicor and Captiva.

[concerned]

niave perhaps - but why dont RM go and buy some of these Europen firms? Why are we always swalled up by European companies? We dont seem to have any industry apart from banks

[DGP1]

niave perhaps - but why dont RM go and buy some of these Europen firms? Why are we always swalled up by European companies? We dont seem to have any industry apart from banks

They did just that a few years ago, they spent millions on them and then sold them for a few pounds