Austrian Post has acquired a 100% shareholding in Belgian company HSH Holding in order tostrengthen its position in the European health care and pharma logistics sector.
HSH Holding, with a turnover of about €18 million in 2007 and five million parcels, is theholding company of two subsidiaries MIT N.V. and Distra N.V. It specialises in nontemperature-controlled pharmaceutical logistics with a main focus on the health care segment. Thecompany, with 180 employees, has a geographical focus on the Benelux countries.
Following the acquisitions of VOP in Belgium and DDS in the Netherlands in 2007, AustrianPost is building up its presence in the Benelux region, a market which is closely linked to thecompany’s specialty logistics operations in Germany.
