News vom 09.08.2007
Austrian Post acquires from DHL EXPRESS DDS in the Netherlands and VOP in Belgium
Important expansion move on the Western European parcels market
Austrian Post announces its acquisition of the two companies, Van Osselaer Pieters Colli Service, Belgium (VOP) and DHL Direct Distribution Service, Netherlands (DDS) from DHL EXPRESS.
VOP – Van Osselaer Pieters Colli Service
The former trans-o-flex subsidiary VOP delivers 1.5m parcels in Belgium annually, achieving total revenues of about EUR 16m. Before the transaction, VOP had already transported all German parcels of trans-o-flex destined for Belgium. The acquisition is designed to strengthen this business relationship, and further expand VOP’s market position on the Belgium market.
DDS – DHL Direct Distribution Service
The business operations of DDS in the Netherlands, encompassing the delivery of close to 800,000 parcels and annual revenues of about EUR 13m, arose from the former trans-o-flex subsidiary “Correct Express“. The takeover of DDS strengthens Austrian Post’s position on the specialised logistics market in the Netherlands, where Austrian Post is already represented by means of a trans-o-flex joint venture (trans-o-flex Nederland BV, annual revenues of approx. EUR 3m).
Both VOP and DDS serve the same market niche as trans-o-flex in Germany. Their business focus is in the fields of specialised logistics and combined freight. Both companies will be closely integrated in the day-to-day activities of trans-o-flex, complementing its business operations and profiting from increasing international parcels volumes. It was agreed by the parties to the agreement that further details would not be disclosed.
“Due to the close business ties and extensive trade between Belgium, the Netherlands and Germany, the acquisition of VOP and DDS represents a significant expansion move in Western Europe on the part of Austrian Post“, says Anton Wais, Chairman of the Management Board of Austrian Post.
Michael Homola, Head of Public Relations
Tel.: +43 (1) 577 67 - 32010
Vienna, August 9, 2007