- 12 January 2017
- Transport / Logistics Services
Parcel carrier DPD has announced that all of its subsidiaries and divisions responsible for operations in Germany are to be amalgamated with DPD GeoPost (Deutschland) GmbH under a new company name, DPD Deutschland.
The amalgamation process will be completed in August 2017, after which the parcel carrier will “for the first time have a uniform corporate organisation in Germany which includes all operating units”.
In a statement, the Group said: “This development has been made possible by the acquisition of DPD Zeitfracht, the last remaining co-shareholder, in October 2016. With this purchase La Poste subsidiary GeoPost acquired full ownership of DPD.
“The result is that the successful franchise system under which DPD was established forty years ago as Germany’s first private parcel service is now being merged into a single company.”
CEO Boris Winkelmann commented: “This is a further milestone in the history of DPD.
“We are tightening and modernising our structure, which will increase the efficiency of our operational management. It also highlights our resolve not only to continue the dynamism of the last forty years but also to increase the tempo and shape the future development of the parcel market with innovation leadership.”
All the operating units of the original franchisor organisation – including DPD Dynamic Parcel Distribution GmbH & Co. KG with its subsidiaries in Germany, as well as DPD iloxx eService GmbH and DPD Zeitfracht GmbH – are to be merged into one company.
DPD Dynamic Parcel Distribution GmbH & Co. KG will, under the name DPDgroup International Services GmbH & Co. KG, continue to operate as an independent unit and carry on its franchise operations on behalf of the international DPDgroup.
Subscribe to Newsletter