DPD has strengthened its German network by acquiring a regional franchisee, giving it ownership of all but three of its 76 depots.
DPD GeoPost (Deutschland) GmbH has acquired DPD Altentreptow GmbH with effect from 1 September 2015. The company is being sold by the freight forwarders Gertner, who took over parcel operations in Mecklenburg-Western Pomerania as a DPD franchisee in 1993.
After its acquisition, operations at the Altentreptow depot, which covers large areas of Mecklenburg-Western Pomerania, have continued without interruption. The entire staff of 43 has been transferred to the new owner and business relations with all the depot's customers also continued unchanged.
"The acquisition of DPD Altentreptow will make our countrywide organisational structure even more efficient. Together we aim to enhance our operations on behalf of customers and consignees as a premium service provider," said DPD CEO Boris Winkelmann.
As a result, 73 of DPD's 76 locations in Germany are now owned by DPD GeoPost (Deutschland) GmbH, DPD's largest German shareholder, which also acquired co-shareholder DPD Systemlogistik in March of this year.
With this acquisition GeoPost, a wholly-owned subsidiary of La Poste and the major shareholder in DPD, has increased its shareholding in the company to 93.79 per cent. With two locations in Berlin and one in Raunheim, Hessen, DPD Zeitfracht GmbH remains the only other shareholder in DPD.
