Acquisitions
Major Acquisitions at a glance
Deutsche Post World Net has made several strategically important cornerstone acquisitions during the last years with the goal of becoming the No. 1 logistics provider in the world. The most important strategic acquisitions are described below.
Danzas Holding
With the acquisition of the Danzas Group, Switzerland, in March 1999 the Logistics segment of the Group was founded. Deutsche Post World Net took over the ocean and air freight business from Danzas logistics.
DHL
A strategically important move for the EXPRESS Division was the acquisition of 100% of the US-based company DHL in 2002. The strategic rational for the acquisition was the expansion of the business in the US. After the complete acquisition of DHL the Group combined all EXPRESS and LOGISTICS activities under the DHL umbrella brand name.
Airborne
In 2003, the purchase of the US based parcel delivery provider Airborne was successfully completed. The strategic goal of the acquisition was to combine DHL's international network and expertise in the cross-border business with Airborne's domestic air and ground network to take a strong competitive position on the US markets.
Exel
On December 13, 2005 Deutsche Post World Net completed the acquisition of the British logistics company Exel plc with the transfer of 100% of Exel's equity capital. The combination of the two companies has created the global No. 1 in air freight, ocean freight and contract logistics. The acquisition of Exel marks a major milestone in the Group's strategy to become the leading logistics provider in the world.
Major Acquisitions of Deutsche Post World Net
| Acquisitions | Country |
Year / period |
Equity interest and |
| Global Mail Ltd | USA |
2002 |
100.00% |
| Interlanden | Netherlands |
2004 |
100.00% |
| SmartMail | USA |
2004 |
100.00% |
| Mail Merge | Netherlands |
2005 |
70.00% |
| Unipost | Spain |
2004 |
38.00% |
| Koba | France |
2005 |
100.00% |
| Williams Lea | UK |
2006 |
67.00% |
| The Stationery Office | UK |
2007 |
100.00% |
| EXPRESS | |||
| DHL International GmbH | Germany |
2002 |
100.00% |
| Ducros Services Rapides | France |
2000 |
100.00% |
| Van Gend & Loos | Netherlands |
1999 |
100.00% |
| Securior Omega Holdings | UK |
2003 |
100.00% |
| Narrondo Desarrollo SL | Spain |
2004 |
100.00% |
| DHL Express (Canada) Ltd, former Mayne Logistics Loomis |
Canada |
2003 |
100.00% |
| DHL Sinotrans International Air |
2003 |
5.00% |
|
| Airborne Inc | USA |
2003 |
100.00% |
| Blue Dart Express plc | India |
2005 |
81.03% |
| PPL | Czech Republic |
2006 |
100.00% |
| ASTAR Air Cargo Holdings LLC | USA |
2007 |
49.00% |
| Polar Air Cargo Worldwide Inc. | USA |
2007 |
49.00% |
| AeroLogic GmbH | Germany |
2007 |
50.00% |
| LOGISTICS | |||
| DANZAS Holding AG | Switzerland |
1999 |
100.00% |
| Nedlloyd Logistics Group | Netherlands |
1999 |
100.00% |
| ASG AB | Sweden |
2000 |
100.00% |
| Air Express International AEI | USA |
2000 |
100.00% |
| Exel plc | UK |
2005 |
100.00% |
| FC (Flying Cargo) International Transportation Ltd. | Israel |
2007 |
100.00% |
| Discontinued operations | |||
| Deutsche Postbank | Germany |
2006 |
50% + 1 share |
| PB Capital | USA |
2001 |
100.00% |
| DSL Bank | Germany |
2000 |
100.00% |
| BHW | Germany |
2006 |
98.43% |
| Postbank Versicherungsvermittlung GmbH | Germany |
2007 |
100.00% |