Articles

Affichage des articles du août 15, 2007

Eddie Stobart joining Stock Market

Eddie Stobart joining Stock Market Communiqué : 15 August 2007 Stobart Group Limited is to be created through a proposed merger of The Westbury Property Fund Limited and Eddie Stobart Group. The new enlarged business should bring customers a truly integrated transport and logistics solution, combining road, rail and ports activities. A combination of road, rail and ports activities are well placed to serve environmentally and cost-conscious customers. The Westbury Property Fund Limited (‘Westbury’), the commercial property and ports company, announces a proposed merger1 with Eddie Stobart Group (‘Eddie Stobart’), one of the most recognised brands2 in the UK. The new, enlarged company, to be known as Stobart Group Limited, will have net assets of over £250m. The merger brings together two companies which see huge commercial and environmental benefits of combining road transport and storage with rail freight and waterborne transport systems, thereby offering customers a truly integrated

DHL cède deux filiales à la Poste autrichienne

DHL Express sells two subsidiaries to Austrian Post DHL Express has reached an agreement to sell its Dutch subsidiary Dedicated Distribution Services (DDS) and its Belgian subsidiary Van Osselaer Pieters Colli Service (VOP) to Österreichische Post. (8/10/2007) The parties have agreed not to disclose the value of the transactions. The disposal of these subsidiaries is a further step in DHL’s strategy to optimise the strategic synergies within the Express organisation. The transaction will not have any effect on the services provided to existing customers. “It is our explicit strategy within DHL Express Global to focus on core express products and services,” said John Mullen, CEO of DHL Express Global and member of DPWN’s management board. “Our primary focus is to ensure that our businesses are synergistic. This means putting emphasis on systematised products with similar features, standard shipment characteristic and high quality levels.” He added that this divestment program is an impo